Day trading involves making dozens of trades in a single day, while swing trading involves holding positions over a period of days or weeks.
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Advisors can help clients experiencing grief by following these five tips.
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Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.
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U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.
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Personal loan rates eased slightly for a second week, lowering the overall average by seven basis points.
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Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.
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Here's why it can be difficult to determine the risk to a company's EPS and financial condition resulting from an underfunded pension plan.
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Under a new proposal, airlines would have to pay for stranded travelers' expenses if the companies aren’t able to prevent some delays and cancellations.
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Fed's Loan Officer Survey Shows Credit Will Get Tighter in Coming Months
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The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.
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Berkshire Hathaway is a holding company for a multitude of businesses run by chair and CEO Warren Buffett.
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A home equity line of credit (HELOC) is a line of credit secured by equity you have in your home.
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President Joe Biden will meet with top Republican lawmakers at the White House on Tuesday in a showdown over the debt ceiling that is a uniquely American phenomenon.
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A value stock is a stock that tends to trade at a lower price relative to its fundamentals, making it appealing to value investors.
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A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.
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Learn about the marginal cost of production and marginal revenue and how the two measures are used together to determine the profit maximization point.
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This week’s cryptocurrencies to keep an eye on are Pepe (PEPE), FLOKI (FLOKI), Stacks (STX), WOO Network (WOO), and TRON (TRX).
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The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States.
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A futures strip is the buying or selling of futures contracts in sequential delivery months traded as a single transaction.
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It’s no surprise, sticky high inflation, rising rates, recession fears and more bank failures have spiked investor cautiousness to the highest levels seen this year, according to Investopedia’s latest survey of daily newsletter readers.
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Hyperledger is an open-source umbrella project that offers tools for developing and using blockchain systems and applications across industry sectors.
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Borrowers must pay up-front and annual mortgage insurance premiums on HECM reverse mortgages, but the insurance provides several consumer protections.
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Though most investors use standard deviation to determine volatility, there's an easier and more accurate way of doing it: the historical method.
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Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.
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Robinhood's net losses are predicted to widen to $484 million as monthly active users falls by a quarter amid inflation, interest rate hikes, and falling asset prices.
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The minimum wage is a legally mandated price floor on hourly wages, below which nonexempt workers may not be offered a job or agree to work.
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Rates on most mortgages types climbed higher, in many cases by double digits. Among the gainers were jumbo 30-year loans, whose rate average hit a two-month high.
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Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.
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The analytics software company Palantir posted a second straight quarter of GAAP profits. As for AI efforts, CEO Alex Karp says: “The machine must remain subordinate to its creator."
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While a cost-of-living crisis has now begun to squeeze budgets, particularly of lower income households, consumer spending has remained remarkably steady in the face of a looming economic slowdown. The upbeat forecast echoes expectations of card giants Visa and Mastercard that have remained largely upbeat about spending volumes on pent-up travel demand and resilient consumer spending. The company said it now expects full-year adjusted profit to grow about 20% to $4.95 per share, above analysts' average estimate of $4.88 per share, according to Refinitiv IBES data.
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Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude oil, and raised its share repurchase program by 50% to $3 billion. Energy companies have started boosting investor returns since last year with the excess cash they generated aided by higher crude prices. While crude price fell during the first quarter, nearly 20% lower compared to last year when prices soared to multi-year peaks following Russia's invasion of Ukraine, they were still high enough for producers to remain profitable.
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Volume was 21.4% lower in April, while the overall figure for parent Anheuser-Busch fell 12.5 % in the month, according to Beer Business Daily.
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The market is being buffeted by conflicting headwinds, making the pundits’ job harder. While inflation appears to be moderating, with the annualized rate down to 5% in March – the lowest since the summer of 2021 – the job market remains surprisingly robust. Last month, the BLS reported 253,000 new jobs, exceeding the predicted 180K, and an unemployment rate of just 3.4% compared to a forecast of 3.6%. The robust job numbers present a challenge for the Federal Reserve, which is tasked with managi
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Toronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s $13.4 billion bid to buy First Horizon, people familiar with the matter said.
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US Treasury secretary Janet Yellen has warned that a failure by Congress to raise the debt ceiling in the coming weeks could lead to a “constitutional crisis.” According to Yellen, who made the comments during a May 7 appearance on ABC News’s This Week, the US could run out of cash as early as June 1.
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(Bloomberg) -- Expectations among US stock investors that the worst of pressures may have passed will likely be proven wrong as recession risk still looms, according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotel
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(Bloomberg) -- Bill Gross, the former chief investment officer of Pacific Investment Management Co., recommended buying short-term Treasury bills, expecting the debt-ceiling issue eventually gets resolved. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotels
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JPMorgan Chase fired Charlie Javice in November 2022. Now the bank must pay her legal fees, according to a Delaware Chancery Court ruling.
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Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if
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The Berkshire Hathaway investors shared their wisdom at the company's annual shareholder meeting—including how to succeed in life and avoid mistakes.
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The oil company is starting to rid itself of a source of high-cost financing, but Warren Buffett's company is likely to continue to benefit from it for years.
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The cloud-security company said it expects revenue for its third fiscal quarter to be higher than it had forecast.
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(Bloomberg) -- JPMorgan Chase & Co. must pay Frank founder Charlie Javice’s defense costs in its suit accusing her of defrauding in its $175 million acquisition of her college-loan-planning site.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollSingapore’s Soaring Rents Are Be
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The Berkshire Hathaway CEO is renowned for his stock-picking, but right now his favorite investment appears to be cash.
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A 5%T-bill is pretty attractive when equities appear expensive.
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Catalent anticipates a significant reduction to both its fiscal 2023 revenue and adjusted earnings before interest, taxes, depreciation and amortization guidance.
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The Tesla CEO was one of the many topics that came up at Berkshire Hathaway's annual meeting of shareholders in Omaha on Saturday.
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Every investor would naturally like to see the stocks that make up their portfolio show a consistent upward curve, but that, as everyone learns eventually, is just not the way it works. Peaks and troughs are part of the investing game, and even the stock market kings go through periods of serous pullbacks for one reason or another, be it macro developments or some news item that spooked investors. And every so often, despite sound fundamentals, the pendulum swings too far into negative terrain,
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A buyout consortium comprising Warburg Pincus and Advent International is in advanced talks to acquire Baxter International Inc's (NYSE: BAX) biopharma solutions business. BioPharma Solutions offers contract manufacturing services to the pharma and biotech industries. The deal value could reach or exceed $4 billion. Warburg Pincus and Advent have submitted the most attractive offer to Baxter in an auction that drew interest from other private equity firms and major players, including Thermo Fish
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The meat processor swung to a loss as it grappled with higher costs and flat revenue. Shares declined more than 10%.
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A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.
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Potential homeowners may feel left in the dust with recent increases in costs and interest rates. But with the right combination of factors in some U.S. cities, the costs of homeownership may actually be less than the cost of renting, … Continue reading → The post Buy vs. Rent: A Comparison of Housing Costs in U.S. Cities – 2023 Study appeared first on SmartAsset Blog.
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The number of tokens the regulator has labeled as securities almost tripled in 2022.
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(Bloomberg) -- Weight loss brand Jenny Craig has begun liquidating its operations in the US after efforts to ease a cash crunch fell short. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJenny C Holdings LLC an
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PepsiCo hires 2,000 U.S. graduates every year, says its CHRO.
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The Springdale, Ark.-based company posted a loss of $97 million in the period ended April 1, compared with net income of $829 million a year earlier.
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BioNTech's first-quarter revenue falls from a year earlier as demand for Covid-19 vaccines wanes but still tops analysts' estimates.
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Anheuser-Busch InBev is planning to help distributors feeling the sting of the controversy involving the beer giant's promotional effort with transgender activist Dylan Mulvaney.
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First-quarter earnings at the satellite and streaming video provider hit expectations but it lost more pay-TV subscribers than analysts had expected.
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The meat giant posts an adjusted loss of 4 cents a share in its fiscal second quarter, while analysts were expecting earnings of 79 cents.
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Bitcoin, Ether fell in Monday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Polkadot and XRP led the losers in that list.
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(Bloomberg) -- Tyson Foods Inc. cut its outlook for meat sales this year as consumers switch to cheaper foods due to inflation.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresThe biggest US meat company in a Mon
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Stocks might be under pressure even if the U.S. economy avoids a downturn.
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(Bloomberg) -- Softer US macroeconomic data suggest that earnings trends will weaken in coming months, contrary to the expectations of most analysts, according to Morgan Stanley’s Michael Wilson, a staunch Wall Street bear.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuff
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Debt limit concern, Buffett shares investing advice, and other news to start your day.
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Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.
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The European companies’ energy traders generate huge profits, but investors are mostly in the dark.
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Oil-and-gas companies boost shareholder returns and keep funds for when the boom goes bust.
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Warren Buffett tamps down speculation that Berkshire Hathaway, which owns 24% of Occidental Petroleum, wants to buy the entire company, while PacWest shares surge after the regional lender says it's reducing its dividend.
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Attendees at Berkshire Hathaway's annual meeting aimed to get a glimpse of Greg Abel, the conglomerate's designated CEO successor.
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(Bloomberg) -- Shares in Occidental Petroleum Corp. dropped in premarket trading after Warren Buffett said Berkshire Hathaway Inc. won’t make an offer for full control of the energy group, tempering speculation he was seeking to own the company after spending months snapping up its shares.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel
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(Bloomberg) -- PacWest Bancorp rose as much as 16% in premarket trading Monday, extending Friday’s brisk rebound and leading gains in US regional banks, after it slashed its quarterly dividend and said business remains “sound.”Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against
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(Bloomberg) -- The rally in Chinese financial shares intensified on Monday, with some banks posting their biggest single-day gains since the country’s 2015 equity bubble after more lenders cut their deposit rates and further progress on state-owned enterprise reform boosted investor sentiment.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Tru
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Warren Buffett addressed the banking turmoil, prospects for large acquisitions, and his hand-picked successor Greg Abel.
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(Bloomberg) -- Oil edged higher as investors assessed a complex outlook for global crude demand after a period of volatile trading and the dollar eased.West Texas Intermediate rose toward $72 a barrel after surging by more than 4% on Friday, when futures pared a steep weekly loss. While fears of a US recession and bank failures have rattled markets recently, pushing crude to the lowest intraday level since late 2021, physical demand signals suggest at least some of the recent weakness in prices
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By Vlad Schepkov
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The window of opportunity to hammer out a deal is closing. Bond markets have jitters.
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Airfares and hotel room rates are soaring as the market for international trips booms. Several companies stand to benefit in a big way.
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(Bloomberg) -- Hedge funds supercharged bearish Treasury bets to historic levels just days before the US banking turmoil took a turn for the worse and spurred a stampede for the world’s safest assets.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits L
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(Bloomberg) -- Binance, the largest crypto exchange, temporarily paused withdrawals of Bitcoin for the second time in less than 12 hours, citing congestion on the token’s network.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Says $93 Million US Wants From Tim Leissner Is HersThe ste
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(Bloomberg) -- The Chinese economy’s debt ratio reached a record high in the first quarter of the year, with bank loans to companies surging as the nation reopened from Covid Zero.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits Low in ABC Poll‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAG
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(Bloomberg) -- Sea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming company that slashed costs drastically during the technology industry’s downturn.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Say
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Inwoners van Liechtenstein mogen binnenkort voor bepaalde overheidsdiensten in bitcoins betalen. Dat zegt premier Daniel Risch in een interview met de Duitse zakenkrant Handelsblatt.
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ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken naar eigen bankrekeningen, inmiddels verholpen. Door een storing waren niet alle rekeningen zichtbaar in internetbankieren en de ING-app.
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Luidsprekerproducent Sonos en techgigant Google staan maandag weer tegenover elkaar in de rechtszaal in San Francisco. Het is een nieuw hoofdstuk in het al jaren slepende juridische conflict tussen de twee bedrijven. Sonos eist een schadevergoeding van 90 miljoen dollar (81,5 miljoen euro).
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Chinese bedrijven die onderdelen aan het Russische leger leveren, komen op een Europese zwarte lijst. Dat schrijft Financial Times op basis van uitgelekte documenten.
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Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-president Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?
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Eind 2022 stond er in Nederland meer dan 6 gigawatt aan windmolens op land, blijkt uit de nieuwe Monitor Wind op land van Rijksdienst voor Ondernemend Nederland. Daarmee werd eindelijk de doelstelling van het energieakkoord uit 2013 gehaald.
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Klanten van ING hebben maandagmiddag opnieuw problemen met internetbankieren. Door een storing zijn niet alle rekeningen zichtbaar. Daardoor kunnen ze geen geld overboeken van een spaarrekening naar een betaalrekening.
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Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-directeur Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?
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Wie een spaarrekening bij SNS, RegioBank of ASN heeft, krijgt vanaf 15 mei een hogere rente. Daarmee volgt moederbedrijf de Volksbank zijn concurrenten Rabobank, ING en ABN AMRO.
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Hogwarts Legacy is de bestverkopende game die Warner Bros. Games ooit heeft uitgebracht. Sinds 10 februari is het Harry Potter-spel al meer dan vijftien miljoen keer verkocht. De spelontwikkelaar meldt dat de game al meer dan 1 miljard dollar (ruim 905 miljoen euro) heeft opgeleverd.
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De bodem van de Noordzee ligt vol met internetkabels. Rond die kabels zijn de laatste tijd verdachte Russische schepen gesignaleerd die ons internet zouden willen saboteren. Moeten we bang zijn dat ons internet uitvalt?
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PostNL heeft in het eerste kwartaal veel minder winst geboekt dan een jaar eerder. Het postbedrijf ziet het winstcijfer al langere tijd dalen, doordat er minder pakketjes worden bezorgd.
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Supermarktketen Albert Heijn gaat vandaag met vakbonden CNV en FNV om de tafel zitten. De inzet is een nieuwe cao voor de medewerkers van distributiecentra. De gesprekken zijn ook belangrijk voor de consument: als een akkoord uitblijft, dreigen nieuwe stakingen en dus opnieuw lege schappen.
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De vakbonden FNV Metaal en CNV Vakmensen hebben een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Maandag en dinsdag staakt het personeel. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.
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Maastricht Aachen Airport (MAA) is vanaf maandag acht weken lang gesloten. In die tijd wordt de start- en landingsbaan gerenoveerd. Dat is nodig vanwege slijtage van het asfalt. Daardoor kunnen kleine deeltjes loslaten en schade aan vliegtuigen veroorzaken.
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De prijzen in de supermarkten schieten omhoog. Toch claimen veel ketens dat honderden producten goedkoper worden door acties. Maar volgens experts is dat een misvatting.
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Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. But as with almost anything, keeping it simple is often the key. And one of the most straight forward strategies is to keep an eye out for the insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. When an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that
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(Bloomberg) -- Defaulted Chinese developers facing key court dates in coming weeks received an abrupt reminder that it’s actions not words that count in restructurings, if you want to avoid getting liquidated.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want So
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(Bloomberg) -- It’s a familiar story: A business mogul parlaying much of his fortune into a massive bet on electric vehicles, only to fall on hard times.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning SignYour Sunday US Briefing: Buffett’s Warning and Hungry AmericansPha
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Central banks added 228.4 tons of gold to global reserves in the first quarter, the World Gold Council reported.
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This week’s earnings reports include Airbnb, Brookfield, McKesson, PayPal, and Tyson Foods, Toyota Motor, and more.
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The Berkshire Hathaway CEO, with his business partner Charlie Munger, spent hours this weekend discussing life and career choices.
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(Bloomberg) -- The selloff in US bank shares is threatening to push them below a technical threshold that could signal more pain ahead for the broader stock market. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Kimora Lee Says $93 Million US Wants From Tim Leissner Is HersRussia Says It Has Billions of Indian Rupees That It Can’t UseBond Traders Bet on Biggest Fed Shift in Decades on Credi
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Bill Gates is eyeing a bid to build Britain’s first mini-nuclear reactor in a direct challenge to Rolls-Royce which is scrambling to secure a government contract.
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(Bloomberg) -- Investors are bailing on preferred shares at a historic clip because of the growing concern about the health of US regional banks. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersKing Charles Crowned in Spectacle Marking Turning Point for UKA $12.2 billio
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Find out which stocks are the largest positions in Warren Buffett's portfolio.
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Investors are always on the lookout for a reliable tool to separate the true sound stocks from those that are just riding the tide. That’s a job tailor-made for the Smart Score, a comprehensive data tool that collects and collates the aggregated data of the stock market – and returns a simple score for each of thousands of stocks. The Smart Score uses a set of sophisticated AI algorithms to evaluate every stock by a set of 8 factors – and the factors are all known to match up with future outperf
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After a grantor passes away, becoming the trustee can be daunting, especially if you're responsible for distributing property. Houses are among the most valuable assets in a family for financial and sentimental reasons. Therefore, it's critical to understand how to … Continue reading → The post How to Transfer Property Out of a Trust After Death appeared first on SmartAsset Blog.
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Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.
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When you're saving for retirement, there are a variety of accounts you could use. The Roth IRA, or individual retirement account, is one of those options. Roth IRAs offer more investment flexibility, as well as their own tax benefits. Understanding … Continue reading → The post Capital Gains Tax for Roth IRAs appeared first on SmartAsset Blog.
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The Roth IRA has been called "the Swiss Army knife" of personal finance because of its flexibility and the tax-free status of its earnings. That's the reason so many retiring workers move to roll their workplace 401(k) accounts into a … Continue reading → The post Doing a Roth Rollover? Beware the 5-Year Rule appeared first on SmartAsset Blog.
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It can pay to be a responsible rental property owner. For instance, if you're always investing in your rental property and making improvements, not only will your tenants appreciate it and remain tenants longer, you can get a depreciation deduction … Continue reading → The post How to Avoid Depreciation Tax on Rental Property appeared first on SmartAsset Blog.
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Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.
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Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.
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Single-family rentals saw a 6% increase at the close of the first quarter of 2023 compared to the same period in 2022.
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New York State Teachers’ Retirement System sold Electronic Arts and HP stock, and initiated an investment in Autoliv in the first quarter.
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The pandemic ushered in an era of ‘quiet quitting’ and ‘bare minimum Mondays’ but workers have since lost leverage
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BofA has five ideas based on an analysis of asset returns in the three months after 10 “last hikes” of the past 50 years.
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The CEOs of Brooks Running, Dairy Queen, and See's Candies see big advantages to being part of Berkshire Hathaway. That will continue once Greg Abel succeeds Warren Buffett.
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Vietnam has long benefited from efforts to keep costs low as wages have risen in China, but the latest shift is broader and offers more opportunites.
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Here is your Pro Recap of the biggest head-turning deal dispatches you may have missed this week: more market-moving headlines in regional banks Western Alliance and PacWest; JPMorgan officially picks up First Republic; First Horizon and TD Bank drop their planned merger; and Arconic gets taken out by Apollo. The regional bank shares experienced turbulence this week.
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First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith.
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Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses.
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Investors are shying away from risk, turning to defensive stocks and Treasurys, yet they appear equally worried about missing out on a potential stock-market rally.
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Between March and early May, money managers added heavily to their exposure to gold futures. Interest in Bitcoin has gone the opposite direction.
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Across Ukraine, the war has forced grain growers into a vicious dilemma. Farmers in areas now free from Russian occupation are risking their lives to strip their land of explosives before the critical spring planting season. The dual crisis is causing many farmers to cut back on sowing crops.
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(Bloomberg) -- China added to its gold reserves for a sixth straight month, extending a flurry of purchases as central banks around the world expand their holdings of bullion amid escalating geopolitical and economic risks.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning
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(Bloomberg) -- The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to I
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A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes.
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A long-term capital gain or loss comes from a qualifying investment that was owned for longer than 12 months before being sold.
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Our comprehensive guide to the American Express Membership Rewards program.
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Statistics is the collection, description, analysis, and inference of conclusions from quantitative data. People who do statistics are referred to as statisticians.
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Volume refers to the number of shares or contracts traded in an asset or security over a period of time, usually over the course of a trading day.
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Greg Abel is the next-in-line to be the Berkshire Hathaway CEO when Warren Buffet steps down or passes away.
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A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.
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Learn more about the interactions between commodity, bond, stock, and currency markets.
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Find out which stocks are the largest positions in Warren Buffett's portfolio.
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Sector rotation is the movement of money in the stock market from one industry to another as investors anticipate the next stage of the economic cycle.
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Credit card debt is growing fast, and one possible reason is that more people are putting more expenses on plastic because they can’t cover all their bills with cash.
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A simple-interest mortgage is a home loan where interest is calculated on a daily basis instead of a monthly basis.
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Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.
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Sales price variance is the difference between the price a business expects to sell its products or services for and what it actually sells them for.
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A warehouse-to-warehouse clause in an insurance policy provides financial protection of cargo in transit, from the origin to the destination warehouse.
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Augmented reality (AR) is the modification of a real-life environment by the addition of sound, visual elements, or other sensory stimuli.
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De spaarrentes zijn in een jaar tijd omhoog gekropen, nadat de Europese Centrale Bank (ECB) stap voor stap het rentetarief is gaan verhogen. Sparen is zo iets aantrekkelijker geworden. Maar de rentes gaan traag omhoog en door de inflatie word je van sparen nog lang niet slapend rijk.
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Hoewel ze in de kinderopvang schaars zijn, wordt er nauwelijks ingezet op het vinden van mannen die een switch naar de kinderopvang willen maken. Dat is jammer, vindt Gjalt Jellesma, voorzitter van de Belangenvereniging van Ouders in de Kinderopvang. "Want meer mannen op de werkvloer, dat is juist een verrijking."
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A budget deficit occurs when expenditures exceed revenue and is the term commonly used to refer to government spending and national debt.
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M1 Finance and Betterment are top robo-advisors that offer different services. M1's forté is automated investing, without advice. Betterment offers automated investing and financial planning.
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A qualified dividend is a payment to owners of stock shares that meets the IRS criteria for taxation at the capital gains tax rate.
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Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.
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Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.
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Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.
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Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.
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Sales usually drop in April, after peaking in March; this year the Spring peak has yet to arrive.
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Prince Harry and Meghan Markle have made millions through lucrative business and media deals since stepping down as senior members of the British royal family.
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Casino operator MGM Resorts (MGM) beat expectations for first-quarter net income and revenue as the company benefited from higher traffic in its Las Vegas and Macau resorts.
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The Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) is the ETF in the Cash Cows family that covers emerging market equities. With a yield of 6.7% and a focus on emerging market companies that sport high free cash flow yields, the ETF looks attractive and has outperformed some of the other major emerging markets ETFs in recent years. Therefore, let’s take a closer look at ECOW. Cash Rules Everything Around Me We’ve recently covered some of the other Cash Cows, like the popular Pacer US Cas
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(Bloomberg) -- Warren Buffett faced question after question about one thing in particular at Berkshire Hathaway Inc’s annual meeting on Saturday: His successor. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US Defaul
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Warren Buffett's company was a net seller of stocks, boosted its buybacks, and grew its cash pile in the first quarter.
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For those new to the scene, WiR is TechCrunch's regular newsletter that recaps the biggest tech stories over the past few days. Before we get into the meat of the thing, a quick reminder that TC City Spotlight: Atlanta is fast approaching. On June 7, TechCrunch is headed to Atlanta, where we'll host a pitch competition, a talk on the economics of equality, a panel discussion on investing in the Atlanta ecosystem and more.
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Berkshire Hathaway (ticker: BRK.A, BRK.B) isn’t likely to invest in shares of automakers like General Motors (GM) or Ford Motor (F), CEO Warren Buffett said at the company’s annual shareholders’ meeting on Saturday.
“Charlie \[Munger\] and I have long felt that the auto business is just too tough,”
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Berkshire Hathaway (ticker: BRK.A, BRK.B) has nearly $130 billion in cash and Treasury bills on its balance sheet. There’s ongoing speculation about what the company might do with all that dry powder.
At Berkshire’s annual shareholders’ meeting on Saturday, CEO Warren Buffett said that he would rat
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(Bloomberg) -- Berkshire Hathaway Inc. won’t make an offer for full control of Occidental Petroleum Corp., Warren Buffett said on Saturday. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US DefaultThe company may or m
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(Bloomberg) -- US inflation data in the coming week will provide clues about whether the Federal Reserve can pause its series of interest-rate hikes at next month’s meeting. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Av
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(Bloomberg) -- Fresh fears over a recession-inducing credit crunch are spurring bond bulls to ramp up bets that the Federal Reserve will embark on the most abrupt policy shift in almost four decades.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to In
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Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.
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At least one child is usually selected to ask the storied investor a question during the annual meeting.
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CEO Warren Buffett addressed Berkshire Hathaway’s (ticker: BRK.A, BRK.B) investment in Paramount Global (PARA) at the company’s annual shareholders’ meeting in Omaha on Saturday. The media company is in the midst of an expensive transition from legacy businesses in cable TV and movies to a streaming
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Crypto is fast becoming a hot topic among expected 2024 U.S. Presidential candidates.
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Mayer, like Blockbuster executives, would later regret her thinking on Netflix.
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Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.
( 24
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(Bloomberg) -- Markets may have just survived the last of the most aggressive rate hikes in four decades. Few on Wall Street are celebrating.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012King Charles Crowned in Spectacle Marking Turning Point for UKRussia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersSEC Investigates Trades by First Republic Executives Before Sale to JPMorganIf Wedn
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CEO Warren Buffett sold Berkshire Hathaway’s (ticker: BRK.A, BRK.B) more-than $4 billion stake in Taiwan Semiconductor Manufacturing Company (TSM) only a few months after acquiring the shares late last year. The Taiwanese semiconductor maker is the world’s leading producer of cutting-edge chips.
Bu
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Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.
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Legendary value investors Warren Buffett and Charlie Munger see divergent paths for value investors in the coming years. The Berkshire Hathaway (ticker: BRK.A, BRK.B) managers were responding to shareholders’ questions at the company’s annual meeting in Omaha on Saturday.
“I think value investors a
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These investment vehicles work like regular IRAs, but with some additional regulations
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Warren Buffett and right-hand man Charlie Munger are scheduled to answer roughly 60 questions from the public during the company’s annual meeting.
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(Bloomberg) -- Speculators are once again fleeing the oil market, setting the stage for more extreme price swings. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKSEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveMoney managers dumped th
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Getting your financial footing can be a challenge when you're young, especially if you have student loan payments or a new mortgage make you feel penniless. However, it's never too early to start financial planning. By creating a budget, improving … Continue reading → The post 10 Financial Planning Tips for Young Adults appeared first on SmartAsset Blog.
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There are many types of savings accounts. Money market accounts can earn higher interest rates than traditional savings accounts. But CDs can often earn even higher rates. However, there are pros and cons to each type of account that goes … Continue reading → The post Which Savings Account Will Earn You the Most Money? appeared first on SmartAsset Blog.
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The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What's not so simple is knowing how many years you have to work … Continue reading → The post How Many Years Do You Have to Work to Retire? appeared first on SmartAsset Blog.
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There's a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you'd like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer … Continue reading → The post How to Determine Your Retirement Lifestyle appeared first on SmartAsset Blog.
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Behind the royal wealth is a booming real-estate portfolio of bucolic farms, wholesale warehouses and prime London offices that has helped cover a royal spending spree.
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The Warren Buffett-led conglomerate bought back $4.4 billion of stock in the period, up from the fourth quarter but below 2020 and 2021 levels.
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(Bloomberg) -- Berkshire Hathaway Inc. bought back $4.4 billion of stock, an increase from the same period last year, as Warren Buffett’s sprawling conglomerate confronted turbulent markets that offered fewer of the blockbuster deals the investor is renowned for.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012Peter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveSEC Investigat
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Investors are turning to these cash-equivalent investments, some of which are yielding 5% or more. But it pays to have a strategy beyond fear.
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A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.
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Consider the fax machine: All kinds of new tech roles are on the way in, and admin roles are out. There's still time to pivot.
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PepsiCo said it will raise its quarterly payout to $1.265 a share, an increase of 10% from $1.15.
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A look at the health of six regional banks.
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In a storage room in Buenos Aires, an Argentinian investigator made a discovery that would reverberate through a boardroom more than 7,000 miles away.
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"As for rupees, this is a problem because there are billions of rupees accumulated in accounts at Indian banks and we need to use this money."
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Voorspellen of er een recessie aankomt is geen exacte wetenschap. Toch zijn er een aantal punten waarop economen kunnen letten, zoals het aantal werklozen en uitgaven van huishoudens. Wat kunnen deze gegevens ons vertellen over een mogelijke recessie?
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Transavia moest de afgelopen weken tientallen vluchten schrappen en ook de komende tijd zitten reizigers nog in onzekerheid. De vliegmaatschappij houdt veel toestellen aan de grond, waardoor vele duizenden vakantiegangers zijn gedupeerd. Wat gaat er mis?
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De vakbonden FNV Metaal en CNV Vakmensen hebben voor maandag en dinsdag een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.
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Het laatste weekend van de meivakantie verloopt tot nu toe zonder problemen op Schiphol. De luchthaven verwacht zaterdag veel mensen die terugkeren van vakantie. Maar de drukte leidt niet tot hele lange rijen.
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In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."
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In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."
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Banking turmoil continues, rates were still raised, and the risk/reward argues for waiting to but the stock market.
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After OPEC cut output in April, most observers expected oil prices to rise. Instead, a slower Chinese recovery sent prices sliding. The question now: How will OPEC react?
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It's unclear who owns the company, though industry experts have suggested it is likely tied to Rosneft, Russia's largest state-run oil firm.
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Despite the success of its streaming business, the media company’s revenue fell in the first quarter.
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(Bloomberg) -- Kimora Lee, the former model and ex-wife of former Goldman Sachs Group Inc. banker Tim Leissner, is claiming shares worth around $93 million that he was ordered to forfeit as part of his 1MDB guilty plea actually belong to her.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayJPMorgan Sees Investors Moving to Gol
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Altman said one of the tech industry's biggest mistakes was thinking "startups didn't need to be together."
( 39
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All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich.
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Smartphone shipments were down 13% in the first quarter industrywide, but Apple still managed to grow its iPhone sales.
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In some important ways, the Chinese economy has lagged the US in recent years. The country held on to anti-COVID lockdown policies much longer than most others, but after nearly three years of restrictions it has finally been opening up. The result is a strong surge in growth, according to recent Chinese government data. The country’s GDP grew 4.5% in 1Q23, compared to 2.9% in 4Q22. A particular strength noted in the Chinese data was the 10.6% increase in March’s retail sales. Weaknesses include
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Nanobiotix (NASDAQ: NBTX) shares gained more than 200% on Friday trading after it entered into final contract negotiations with a major global pharmaceutical company. In its Q4 earnings release, Nanobiotix raised going concerns. The company noted net losses of €57.0 million in 2022 and a net decrease in cash and cash equivalents of €42.5 million in 2022. Nanobiotix stock is gaining on heavy volume, with a session volume of 30.262 million shares traded. The company agreed to a non-binding term sh
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The company was famous for its personalized meal plans and celebrity endorsements.
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(Bloomberg) -- Friday’s staggering rally in the shares of beleaguered regional banks may have a simple explanation: short-covering. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskBMW Warns Owners ‘Do Not Drive’ 90,000 Cars Recalled Over Defective AirbagThe $2.7 b
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(Bloomberg) -- US consumer borrowing increased in March by more than expected on one of the largest spikes in credit-card balances on record.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012SEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveThe 29 Credit Card Perks You’re Probably Not UsingTotal cred
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Should Boeing buy back Spirit? The question is rippling through the aerospace industry.
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The home improvement market’s traditionally strong spring season has been a lackluster one.
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EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.
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IBM CEO Arvind Krishna announced a hiring pause, but that’s not all. He also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce The transition will happen gradually over the next few years, with machines potentially taking over up t
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The firm said it is seeing fewer people move their money into better-yielding accounts to take advantage of higher interest rates.
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Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?
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Midsize and small banks still nurse heavy losses for the week, which started with the collapse of First Republic.
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(Bloomberg) -- Argentines withdrew over $1 billion of US dollar deposits from the banking system from late March to the end of April as speculation spread about a potential currency devaluation in the official exchange rate.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizophrenia in Men, Stu
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Boycotts can “definitely” have an impact on a company’s public image, but experts say there is less evidence they have a long-term impact on revenue.
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A JPMorgan rating increase has provided a boost to the sector.
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At 68, I do not have any investments of any kind. My $80,000 condo is paid off, and I have $60,000 saved. Am I too late? -Bernhard It's never too late to start investing and managing your money. But I … Continue reading → The post Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved appeared first on SmartAsset Blog.
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The sports betting company posted an adjusted loss of 51 cents a share for the quarter, narrower than the 70-cent loss analysts had forecast.
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(Bloomberg) -- Bolivian bonds jumped after the country’s Senate approved late Thursday a central bank bill that would allow the government to monetize its gold reserves, a key step to ease a dollar shortage and tame a growing financial crisis.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizo
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New U.S. legislation points to the world being short of copper in a few years. A few big mining firms could be huge beneficiaries.
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On the heels of cooling inflation, the Federal Reserve announced Wednesday an increase in interest rates, as widely anticipated. The key rate has gone up by 25 basis points, bringing it to a range of 5% to 5.25%, which is the highest in 16 years. While Fed Chair Jerome Powell indicated a pause to the rate hikes might be on the menu in June, the probability for any rate cuts seems unlikely for now, at least until inflation starts showing signs it really is on the backfoot. Although this measure m
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If you're thinking of retiring early, you may be wondering how much you need to retire at age 55. The exact amount of income you should have put away is going to depend on different factors. But if you want … Continue reading → The post How Much Do You Need to Retire at 55? appeared first on SmartAsset Blog.
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A $10 million nest egg will pay for a comfortable retirement for the majority of retirement savers. However, whether that much is enough to fund any specific retiree's golden years depends on a number of factors. This includes pre-retirement lifestyle … Continue reading → The post Is $10 Million Enough to Retire? appeared first on SmartAsset Blog.
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There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property's rental income should be at least 2% of the purchase … Continue reading → The post What Is the 2% Rule in Real Estate? appeared first on SmartAsset Blog.
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You are required to report and pay federal taxes on any interest income you receive from a savings account. The income is taxed as unearned, which means you'll escape payroll taxes, but you will owe federal income tax on it … Continue reading → The post How Savings Accounts Are Taxed appeared first on SmartAsset Blog.
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The amount you collect from an annuity depends on when you invest, the return your specific annuity offers and the details of your particular contract. As a result, it's difficult to provide a specific answer to what any single person … Continue reading → The post How Much Would a $1 Million Annuity Pay? appeared first on SmartAsset Blog.
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A Roth Individual Retirement Account (IRA) can offer tax benefits in the form of tax-free withdrawals in retirement. If you have a traditional IRA or 401(k), you can use a Roth conversion to change the tax status of your retirement … Continue reading → The post How Many Roth Conversions Can You Make Per Year? appeared first on SmartAsset Blog.
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The indebted movie theater chain said it raised $155 million of cash through the sale of AMC Preferred Equity Units, or APEs, in the first quarter and it kept selling them in the current quarter.
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(Bloomberg) -- Carvana Co.’s shares surged after the debt-ridden automobile retailer said it expected to report a profit this quarter following a string of losses.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinThe c
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Super Micro Computer (SMCI) shares are up a staggering 66% in 2023. Raised guidance and big appetite for the shares tell the story.
( 39
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Cynt Marshall is the first black woman to lead an NBA side—but it was never part of her plan.
( 39
min )
Apple's better-than-expected fiscal second-quarter revenue is driven by strong iPhone sales, Carvana's first-quarter loss narrows, and results at Coinbase get a boost from Bitcoin's rally this year.
( 22
min )
(Bloomberg) -- Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarApple Shares Rise After iPhone Bounces Back, Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsTD, First Horizon End
( 40
min )
(Bloomberg) -- A resort island off southern China, best known for its balmy weather and sandy beaches, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones t
( 39
min )
(Bloomberg) -- PacWest Bancorp led a rebound across US regional banking stocks following a bruising week of losses, amid escalating worries over the health of the industry following the recent collapse of several lenders.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesHeavy
( 39
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Russia has lost the leverage it once had. Europe has an excellent opportunity to retaliate, writes Borys Dodonov.
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min )
(Bloomberg) -- A top Greater China fund is joining Warren Buffett in voicing concerns over Taiwan Semiconductor Manufacturing Co.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinUni-President Asset Management Corp.’s
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Highly educated and highly-paid white-collar occupations may be most exposed to generative AI.
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If Jamie Dimon was pondering a career change as a fortune-teller, he’d be wise to stick to the day job. On the other hand, if someone of Dimon’s stature could be so wrong about the banking turmoil that continues to sweep across the US, a cynic might ask whether he was still the right person to be running one of the world’s largest financial institutions, particularly when that organisation is right at the centre of Government-led efforts to prop up the whole system.
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(Bloomberg) -- Lithium’s dramatic price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top
( 40
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Despite Berkshire Hathaway's outperformance relative to the S&P 500, one investor is calling for the removal of Warren Buffett as its chairman.
( 40
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(Bloomberg) -- A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages
( 40
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There’s been an upsurge of positive sentiment recently, as the 1Q23 earnings reports have been better than expected. Late last week, with 53% of the S&P companies having reported, 79% had beaten the EPS estimates. This is a historically high number, above both the 5- and 10-year averages, and the aggregate beat, of 6.9%, is above the average beat of 6.4% over the past decade. Morgan Stanley’s chief investment officer Mike Wilson notes that this has investors expecting a ‘meaningful upward inflec
( 42
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(Bloomberg) -- Apple Inc. chief Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the world’s most populous country is on the cusp of becoming both a major market and production base.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is
( 39
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A pension plan is an employee benefit that commits the employer to make regular payments to the employee in retirement.
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The investor relations (IR) department is a division of a business whose job it is to provide investors with an accurate account of company affairs.
( 24
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Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.
( 16
min )
U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.
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min )
The Black-Scholes model is a mathematical equation used for pricing options contracts and other derivatives, using time and other variables.
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Visa, American Express and JP Morgan rode a surge in the banking sector, while oil prices moved Chevron shares higher
( 16
min )
An overview of what is required to go to the Berkshire Hathaway Annual General Meeting.
( 21
min )
Discover how mortgage lenders confirm your current employment situation. Also, learn what to do when employers refuse to verify employment.
( 19
min )
Reducing the interest rate charged on your credit card balance is the first step to getting out of debt. Learn techniques to become debt-free.
( 26
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Officials lay out principles on safety and security, while lawmakers, agencies look to rein in emerging AI technology.
( 17
min )
Rates on 30-year mortgages inched just slightly up, remaining near a three-week low. Movement on other averages was mixed, mostly by small increments.
( 18
min )
Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.
( 16
min )
Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?
( 20
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Learn how much time it takes for brokers to receive confirmation of different types of orders, such as buying and selling stock.
( 22
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Lower first-quarter oil prices likely translated into declining profits for Houston-based Occidental Petroleum.
( 17
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A house maintenance requirement is the level of minimum margin account equity that is required by a brokerage firm.
( 21
min )
"In street name" is a slang term used to describe a brokerage that holds securities on behalf of a client.
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Cost basis is the original value or purchase price of an asset or investment for tax purposes.
( 29
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The new Chase Aeroplan World Elite Mastercard Credit Card offers a big sign-up bonus, bonus rewards on everyday spending categories, and other perks.
( 19
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The predetermined delivery price of a forward contract, as agreed on and calculated by the buyer and seller.
( 23
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The unemployment rate has remained between 3.4% and 3.7% for more than a year, despite fears that the labor market may succumb to interest rate pressures.
( 16
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FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.
( 18
min )
You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.
( 24
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Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf noemt de stukgelopen samenwerking wel pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en levert veel kopzorgen op.
( 1
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Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf vindt de stukgelopen samenwerking toch pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en het zorgt voor een hoop kopzorgen.
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Turkse munten die op euro's lijken, zijn momenteel in omloop in Nederland. Wie met contant geld betaalt, moet daarom goed naar het wisselgeld kijken, waarschuwt De Nederlandsche Bank (DNB). De Turkse muntstukken zijn lang niet zoveel waard als euro's.
( 3
min )
Het Tijdelijk Noodfonds Energie heeft in totaal meer dan 165.000 aanvragen binnengekregen voor energiesteun. Het fonds was een week langer beschikbaar omdat nog zoveel mensen vlak voor de deadline een aanvraag deden.
( 3
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Marktprijzen voor basisvoedsel als suiker en vlees zijn voor het eerst sinds april 2022 gestegen. De stijging kan gevolgen hebben voor hoeveel geld we kwijt zijn in de supermarkt.
( 3
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De inflatie zal pas in 2025 in rustiger vaarwater komen. De beoogde 2 procent wordt pas over twee jaar bereikt, verwacht Europese Centrale Bank-bestuurder François Villeroy de Galhau.
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Nadat onlangs al drie banken in de Verenigde Staten kopje-onder waren gegaan, staan nu opnieuw enkele banken onder druk. Zo verloor PacWest donderdag meer dan de helft van zijn beurswaarde.
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Techbedrijven hebben de morele plicht om ervoor te zorgen dat systemen voor kunstmatige intelligentie (AI) veilig zijn, vindt de Amerikaanse vicepresident Kamala Harris.
( 4
min )
Vliegmaatschappij KLM vervoerde in de eerste drie maanden van dit jaar meer reizigers dan vorig jaar en wist ook zijn ticketprijzen op te voeren. Toch moest de vliegmaatschappij een operationeel verlies van 128 miljoen euro in de boeken zetten door gestegen kosten, onder meer door duurdere kerosine.
( 4
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Apple heeft afgelopen kwartaal minder omzet gemaakt dan in dezelfde periode vorig jaar. Er gingen minder computers en tablets over de toonbank. De iPhone-producent verdiende nog wel meer geld aan de verkoop van iPhones en diensten zoals de verkoop van apps in de App Store.
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In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."
( 6
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In twintig jaar is LinkedIn uitgegroeid van een digitale cv-database tot dé plek waar mensen lief en leed vanaf de werkvloer delen. De toon op het netwerk wordt steeds minder zakelijk. Maar niet iedereen zit daarop te wachten.
( 6
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In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."
( 6
min )
Credit card funding is using a credit card account to fund a new financial account or business venture.
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min )
Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.
( 16
min )
Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.
( 16
min )
Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.
( 16
min )
U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.
( 16
min )
The 30-year mortgage average gave up an eighth of a point, dropping it to its lowest level in almost three weeks. Other rates were down almost across the board.
( 18
min )
529 plans are for education, and Roth IRAs are for retirement. But you can use either—or both—of these tax-advantaged plans to boost college savings.
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min )
The Dow drops more than 300 points led by a Disney dive on rival Paramount's poor advertising and streaming results.
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min )
A Coverdell education savings account is a trust that assists families with educational expenses.
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A third-party administrator provides operational services such as claims processing and employee benefits management under contract to another company.
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min )
"Long term" refers to the extended period of time that an asset is held. Depending on the type of security, a long-term asset can be held for one year or many years.
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min )
A growth curve is a visual depiction of the growth of a phenomenon, with the x-axis typically representing time and the y-axis growth.
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min )
Unlimited liability is a type of business structure in which owners share responsibilities for the entire amount of debt and liabilities amassed by the business.
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Risk control is a technique that utilizes findings from risk assessments within a company to reduce the risk found in these areas.
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min )
When Federal Reserve Chair Jerome Powell speaks, markets listen and move—even more so than they have to past Fed chairs.
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min )
Risk management is a form of insurance in itself for small business owners. Here are seven steps to implement a plan.
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Margin is the money borrowed from a broker to purchase an investment and is the difference between the total value of the investment and the loan amount.
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Shares of PacWest Bancorp, First Horizon and Western Alliance, down 46%, 34% and 30%, led a broader intra-day trading rout in the stocks of U.S. regional and mid-sized banks.
( 18
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529 plans and permanent life insurance are two ways that parents can fund their kids' education. Here are the pros and cons of each.
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The mode is a statistical term that refers to the most frequently occurring number found in a set of numbers.
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min )
CSCO is top for value while FTNT and VRSN are top for growth and momentum, respectively
( 20
min )
These are the robotics stocks with the best value, fastest growth, and most momentum for Q2 2023.
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The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.
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Contractors' all risks (CAR) insurance covers contractors for both damage to a property and third-party injury or damage claims throughout the construction period.
( 20
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The application drop-off came as the average 30-year fixed rate fell five basis points to 6.5%, the first time rates have dropped in three weeks.
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Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.
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Here are the pros and cons of paying cash for your house vs. using a mortgage.
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These are the top 10 most heavily weighted stocks in the S&P 500 Index.
( 25
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An investment advisory representative (IAR) is a professional who works for an investment advisory company.
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min )
Loans and lines of credit are both ways to borrow from lenders, but they differ in how they can be used and how they are paid off.
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min )
Use the lens of social responsibility to focus your search.
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min )
Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.
( 21
min )
Champion Iron, Reliance Steel, and Steel Dynamics lead the industry in revenue growth.
( 20
min )
Berkshire Hathaway is expected to show higher revenues and net income at its latest annual meeting, as investors probe Buffett and Charlie Munger over regional banks.
( 18
min )
It was the second straight quarterly decline in equity-rich homes across the U.S. following 10 consecutive quarterly gains.
( 16
min )
A report indicating PacWest Bancorp has begun considering options including a possible sale, slashed 59% from the bank's market value in extended hours trading Wednesday.
( 18
min )
PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.
( 17
min )
JPMorgan's First Republic Bank purchase includes loss-sharing deal with FDIC, similar to its 2008 acquisition of Bear Stearns.
( 19
min )
Learn about the difference between two freight methods and how costs apply to them.
( 21
min )
Understand how auto insurance companies value cars and learn why your insurance may not cover the cost of a similar vehicle.
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min )
Often, we think of the client experience as what we provide to our clients in services, touchpoints and products.
( 22
min )
Whether you want to become a financial advisor or need to hire one, here are five traits that most successful financial advisors have.
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Apple's financial results came in above estimates in both revenue and earnings per share. The tech company reported on its second quarter Thursday afternoon.
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Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.
( 17
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(Bloomberg) -- Icahn Enterprises LP, under pressure from short seller Hindenburg Research, said it would pay a dividend of $2.00 per unit to investors, sending shares higher after market. Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is Weighing Strategic Options, Inclu
( 39
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Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.
( 18
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Shares have faced headwinds since March after a critical report from a short-seller. The company's latest earnings were mixed, but could be enough to boost confidence.
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Insiders at Zions Bancorp, U.S. Bancorp, and other bank bought up stock on the open market in late April and early May.
( 39
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Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures
( 39
min )
Steel producer Cleveland-Cliffs has seen shares slide since early March. Chairman and CEO Lourenco Goncalves just bought $1.5 million of shares.
( 34
min )
IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.
( 41
min )
(Bloomberg) -- One regional bank is a thorn in the side of the multibillion-dollar short trade against the sector. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPacWest Is Weighing Strategic Options, Including Possible SalePushback Against Powell’s Prognosis Comes Almost ImmediatelyTraders betting against shares of New York Community Banco
( 39
min )
The timeless adage “buy low, sell high” has attracted countless people to participate in the stock market. But as many discover the hard way, the strategy is easier said than done. Stocks don’t always go up. Even though the S&P 500 is up 7% in 2023, it’s still down compared to where it was a year ago. The good news? You don’t have to actively trade stocks to make money. You can also collect dividends. By doing so, investors can bypass the stress and uncertainty associated with attempting to time
( 40
min )
Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.
( 40
min )
The involvement of Warren Buffett, who highly values dividend payers, has helped sustain Paramount’s stock through the streaming market’s reset.
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min )
First-quarter earnings didn't reveal the financial impact of a boycott over social media influencer Dylan Mulvaney. It's guidance didn't either.
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Johnson & Johnson's (NYSE: JNJ) consumer-healthcare business carve-out, Kenvue Inc, priced its upsized initial public offering of 172.8 million shares at $22.00 per share. The IPO values Kenvue at about $41 billion. The offering was priced at the higher end of the $20 to $23 targeted range, with about 10% more shares sold than planned. Kenvue has granted the underwriters an option to purchase up to 25.9 million shares. Kenvue's common stock has been approved for listing on the New York Stock Exc
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min )
The interest rate on Series I savings bonds bonds for the last six months has been an impressive 6.89%. But investors looking to jump into new issue bonds are in for a letdown. According to the Treasury, the rate for … Continue reading → The post The Big I Bond Letdown Comes With a Silver Lining appeared first on SmartAsset Blog.
( 39
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The entertainment giant reports second-quarter results on Wednesday, May 10
( 38
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On May 4, First Horizon announced that it and TD Bank had mutually agreed to terminate their $13.4 billion deal. Here's what First Horizon execs had to say about it on an investor call this morning.
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(Bloomberg) -- Western Alliance Bancorp denied a report that it’s exploring strategic options including a possible sale of all or part of its business.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleTD, First Horizon End $13 Billion Merger as Regulators StallChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPushback Against Powell’s Prognosis Comes Almost Immediately“This story is absolut
( 39
min )
(Bloomberg) -- Crude markets have suffered a disastrous few weeks, dragged down by alarm over the wider economy. But real oil demand still looks strong enough to foster a rebound in prices. Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallPacWest Is Weighing Strategic Options, Including Possible SaleBank Drama Rages On; Apple Climbs in Late T
( 40
min )
Microsoft, Apple, Alphabet, and Meta Platforms stock have surged this year, but the rise hasn't lifted nearby boats, including components of Cathie Wood’s ARK Innovation ETF.
( 38
min )
(Bloomberg) -- Rooftop solar companies SunPower Corp. and Sunrun Inc. posted higher-than-expected sales in the first-quarter as homeowners in California rushed to install panels before a cut in a key state solar subsidy. Now, customers will have a months-long wait for new installations. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks
( 39
min )
The Fed's aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.
( 38
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Many financial experts are talking up the prospect of a recession hitting this year and one legendary investor agrees with that line of thought. “We’re gonna have a hard landing and a bad recession in the U.S,” Stanley Druckenmiller has said, “probably sometime later this year.“ Druckenmiller now manages his investing affairs through his Duquesne Family Office, yet he had outsized success as a hedge fund manager for 30 years and is worth ~$6.4 billion. So, it’s definitely worth listening to his
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Anheuser-Busch said it would triple its U.S. marketing spending on the brand this summer after the turmoil dented sales.
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The chipmakerhasn’t gotten a sustained lift from a beat-and-raise quarter. The CEO bought $250,000 worth of the stock.
( 38
min )
Anheuser-Busch CEO Michel Doukeris distanced Bud Light from transgender influencer Dylan Mulvaney on an earnings call with investors Thursday, claiming Bud Light partnered with Mulvaney for "one post," not a campaign.
( 39
min )
Block stock has faced headwinds since March after a critical report from a short-seller. Solid earnings could boost confidence in the fintech group.
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min )
The online furniture retailer said it expects to achieve a positive result in terms of adjusted Ebitda as soon as this quarter.
( 35
min )
US regional banks have been wracked by fears of contagion as PacWest attempted to calm investors after its shares plunged as much as 60pc overnight.
( 40
min )
If someone close to you has died, the last thing you may want to talk about is money. However, in order to honor their final wishes, you'll need to follow their will (if they left one) or potentially go to … Continue reading → The post How to Deposit a Large Cash Inheritance appeared first on SmartAsset Blog.
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There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.
( 39
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I will be 72 years old on Feb. 10, 2023. I have a traditional individual retirement (IRA) account. Most of the money is tied in stocks, and the stocks this year are way down. If I sell to pay the … Continue reading → The post Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year appeared first on SmartAsset Blog.
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A qualified income trust (or QIT) is a special form of trust designed to help people receive long-term care benefits under Medicaid. It is intended for people who make too much money to receive long-term or residential-care benefits under the … Continue reading → The post A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid appeared first on SmartAsset Blog.
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Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.
( 37
min )
Apollo Global Management Inc (NYSE: APO) is reportedly close to taking Arconic Corporation (NYSE: ARNC) private in a roughly $3 billion deal. The deal is set to value Arconic at $30/share. Assuming the talks don’t fall apart at the last minute, the announcement to come by the time Arconic reports its results Thursday, Wall Street Journal reported citing people close to the matter. The industrial company, separated in 2016 from Alcoa Corp (NYSE: AA), has a hefty debt load of more than $1.5 billio
( 38
min )
The media company said the charges are tied to a plan to remove certain programming as it combines streaming platforms. Shares fell more than 15% premarket.
( 25
min )
Wall Street had expected the e-commerce software company to post a fiscal first-quarter loss.
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The exercise-equipment company said quarterly revenue declined 22% as demand for connected fitness equipment continued to fall.
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PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.
( 19
min )
Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan. It was the second-largest bank failure in U.S. history and the third failure of a midsize lender in two months.
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The animal health provider maintained its guidance for full year 2023 after first quarter earnings beat expectations.
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The companies said the decision was made after TD Bank considered that obtaining the regulatory prerequisites wasn’t certain.
( 25
min )
The biotech reports first-quarter profit of 19 cents a share, beating estimates of a $1.75 loss. Moderna also reiterates its Covid-19 vaccine sales outlook.
( 37
min )
With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.
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min )
Employers think remote work is merely a benefit they can roll back in times of economic hardship–but there are deeper issues at stake.
( 40
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The world’s largest brewer finally has another reason for making headlines besides its Bud Light marketing blunder: Stellar earnings.
( 41
min )
One of the most successful stock pickers of all time admitted years ago that he was “dead wrong” on an earlier oil-company investment. What’s changed for Berkshire Hathway?
( 28
min )
The iPhone maker is expected to report that its sales declined as demand has waned for some of its products after reaching record levels during the pandemic.
( 27
min )
Shell is to hand $12bn (£9.6bn) back to shareholders after posting a record quarterly profit of $9.7bn, triggering fresh calls for a bigger windfall tax on energy companies.
( 39
min )
First-quarter earnings at Shell were $9.7 billion, slightly lower than the fourth quarter, but substantially higher than analysts' estimates of $8 billion.
( 33
min )
PacWest shares plummeted by 50pc in after hours trading in New York amid talks of a rescue for the US regional bank.
( 41
min )
Shares of the iPhone maker are up 31% this year, though Wall Street is forecasting another year-over-year sales decline in the latest quarter.
( 34
min )
(Bloomberg) -- PacWest Bancorp said deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Reco
( 39
min )
(Bloomberg) -- The rally in US Treasuries is set to accelerate as the world’s biggest economy slides toward a recession, analysts say.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItBenchmark 10-year yields may fall to as
( 39
min )
Coinbase is expected to report a first-quarter loss of $1.98 a share on Thursday, but many analysts are more focused on the regulatory backdrop.
( 34
min )
Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.
( 37
min )
(Bloomberg) -- After a wave of selling over the last week it was little surprise when US crude futures opened lower on Thursday, but few traders were braced for the 7.2% plunge that unfolded in the first dramatic minutes of trading.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeri
( 39
min )
(Bloomberg) -- Within hours of the Federal Reserve’s latest policy decision, traders and commentators alike had started to challenge Chair Jerome Powell’s assessment of the economy.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now
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(Bloomberg) -- Oil sank to its lowest since 2021 as weak demand data from the US added to concerns that the global economy is set for a recession.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWest Texas Interm
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Another regional bank, PacWest Bancorp, is mulling a sale or other moves, according to Bloomberg. Raising capital and breaking up its businesses are other options.
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The firms are set to pay $30 a share, or about $3 billion, for the industrial-parts manufacturer, according to people familiar with the matter.
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Wednesday evening, Albemarle reported first-quarter adjusted earnings per share of $10.32 from sales of $2.6 billion. Wall Street was looking for $7 and $2.7 billion, respectively.
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Energieleveranciers hebben redelijke prijzen gevraagd voor gas en elektra in het eerste kwartaal van dit jaar. Dat concludeert de Autoriteit Consument & Markt (ACM) na onderzoek. Volgens de toezichthouder zijn de hoge energieprijzen het gevolg van de onstuimige markt en is er geen sprake van woekerprijzen.
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Energieleveranciers hebben redelijke prijzen gevraagd voor gas en elektra in het eerste kwartaal van dit jaar. Dat concludeert de Autoriteit Consument & Markt (ACM) na onderzoek. Volgens de toezichthouder zijn de hoge energieprijzen het gevolg van de onstuimige markt en is er geen sprake van woekerprijzen.
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De Europese Centrale Bank (ECB) heeft haar belangrijkste rentetarief opnieuw verhoogd. Belangrijkste doel is om de inflatie terug te brengen richting de 2 procent. Tot nu toe is de inflatie ondanks zes eerdere renteverhogingen hooguit gestabiliseerd.
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Het duurt nog enkele dagen voordat alle winkels van Albert Heijn in ons land optimaal bevoorraad zijn. De werkzaamheden in de verschillende distributiecentra zijn opgestart. Vooral in het noordoosten en zuidwesten van het land is er gebrek aan verse en houdbare producten.
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Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.
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Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.
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Dankzij vollere winkelmandjes en een efficiëntere logistiek is het verlies van Zalando in het eerste kwartaal van dit jaar gehalveerd. Vorig jaar zakten de winstcijfers van de online kledingwinkel in elkaar omdat de consument na corona weer steeds meer naar fysieke winkels ging.
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De Finse krant Helsingin Sanomat omzeilt de Russische censuur via de populaire game Counter-Strike: Global Offensive (CS:GO). De krant heeft in het spel een wereld gebouwd waar Russische spelers in een geheime ruimte informatie over de oorlog in Oekraïne kunnen vinden.
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De geschorste Strukton-bestuursvoorzitter Gerard Sanderink krijgt alvast een opvolger. Het bouwbedrijf heeft voormalig BAM-topman Rob van Wingerden aangesteld. Strukton voert een procedure om definitief van Sanderink af te komen.
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Werknemers belonen als ze nieuwe collega's binnenhalen, nieuw personeel hoger in de loonschaal plaatsen: alles wordt door werkgevers uit de kast gehaald om personeel aan te trekken. Maar die extraatjes die nodig zijn in de strijd tegen hoog personeelsverloop, zorgen er tegelijkertijd ook voor dat werknemers sneller vertrekken.
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Shell had in het eerste kwartaal van dit jaar te maken met lagere prijzen voor olie en gas dan vorig jaar. Toch zette de energiereus een winst in de boeken van maar liefst 9,6 miljard dollar (8,6 miljard euro). Een stijging van 6 procent ten opzichte van een jaar eerder.
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Het ergste van de gascrisis lijkt achter ons te liggen. Zo zijn de prijzen flink gezakt na de extreme stijgingen van vorig jaar. Daarom is het internationaal energieagentschap IEA voorzichtig optimistisch over de toekomst. Wel zijn er nog onzekerheden die roet in het eten kunnen gooien.
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Albert Heijn en vakbonden CNV en FNV gaan binnenkort weer met elkaar om tafel over een nieuwe cao voor medewerkers van distributiecentra. De stakingen die vorige week begonnen en elf dagen duurden, veroorzaakten veel lege schappen in de supermarkt.
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"Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.
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Albert Heijn en vakbonden CNV en FNV gaan binnenkort weer met elkaar om tafel over een nieuwe cao voor medewerkers van distributiecentra. De stakingen die vorige week begonnen veroorzaakten veel lege schappen in de supermarkt.
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"Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.
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(Bloomberg) -- China is putting the yuan front and center in its fight back against the US's unique influence over global money.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportPresident Xi Jinping's government h
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The mobile-phone chip maker is diversifying into new areas as its core market slows.
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The regional firm has been among the most volatile bank stock since the failure of Silicon Valley Bank triggered a deposit run.
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(Bloomberg) -- Regional US banking stocks joined a broad market rally ahead of a Federal Reserve decision, easing Tuesday’s deep selloff after the failure of troubled lender First Republic Bank prompted investors to renew their scrutiny on the sector’s prospects. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Attack Putin in KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘
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(Bloomberg) -- Hindenburg Research is targeting Carl Icahn’s investment firm as its latest victim, but short-sellers haven’t made much off the company’s $6.3 billion wipeout largely because Wall Street is so reluctant to bet against the billionaire.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Rec
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My retirement savings were wiped out in market changes over the last couple of years. I am planning on working for about five more years. What investment suggestions do you have this late in the game? – Daniel Sorry to … Continue reading → The post Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?' appeared first on SmartAsset Blog.
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Anheuser-Busch's first-quarter earnings won't reveal the financial impact of a boycott over social media influencer Dylan Mulvaney. But analysts will likely ask about it.
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Stocks gave up their gains in late afternoon trading, after Federal Reserve Chairman Jerome Powell said the central bank was unlikely to cut rates this year.
Around 3:50 p.m. ET, the S&P 500 was down 0.2%, the Dow Jones Industrial Average was off 0.4%, and the Nasdaq Composite was up 0.2%.
Prior t
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There’s a good chance guidance was conservative.
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Kansas-based investor Stewart Horejsi became a billionaire sensation with a rags-to-riches story that is the envy of many. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce While most people believe that becoming a billionaire requires a lifetime of dedication, hard work and a stroke of luck, Horejsi's journey to the top was all thanks to one savvy investment that changed his life forever. Horejsi is now worth an estimated
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It’s no secret that U.S. Sen. Bernie Sanders is not a fan of America’s billionaires. When CNN host Chris Wallace asked him whether he believed the government should “confiscate all the rest” once a person makes over $999 million, the senator’s answer was affirmative. “Fine, yes, I think people can make it on $999 million,” he said. “I think that they can survive just fine.” Sanders emphasized that his view that billionaires shouldn’t exist does not constitute a personal attack on any specific bi
( 40
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Dave Ramsey, best-selling author and personal finance expert, has been teaching people how to build wealth since 1992. He’s the host of “The Ramsey Show,” a radio show and podcast with over 20 million listeners per week, and has appeared on more TV shows than you can count, including “Good Morning America,” “CBS Mornings,” “Today,” Fox News and CNN. Don’t Miss: Kevin O'Leary-Backed Startup Lets You Become a Venture Capitalist With $100 According to GOBankingRates, Ramsey is one of Money’s Most I
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The Fed continues to push the federal funds rate higher to curb inflation, which has slowed but still poses an economic threat.
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“Sell in May and go away” might be a well-known maxim telling investors to keep their distance from the stock market for a while during this time of year, but if a Bank of America prediction is about to play out, investors may want to consider re-entering the market before the hot season kicks off. That’s because BofA technical strategist Stephen Suttmeier thinks various technical indicators are signaling the stock market is readying to push higher by as much as 5% over the summer – that is, aft
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The billionaire investors entered a bitter feud a decade ago when Ackman made a $1 billion bet against nutritional supplements company Herbalife.
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Why pick one factor or style of investing when you can have them all?
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Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Federal Open Market Committee raises benchmark rate by 25 basis points, as forecast, to target range of 5%-5.25%; omits prior language saying “some additional policy firming” may be warranted, suggesting Fed could pause at the next meeting Instead, FOMC will take into account various factors “in determining the extent to which additional policy firming may be appropriate” Inflation remains elevat
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Daqo New Energy Corp. and First Solar Inc are among top alternative energy names this quarter.
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Unity Software Inc (NYSE: U) is amid its third and largest round of layoffs in the past year, joining the downsizing bandwagon. Unity is slashing roughly 600 jobs, about 8% of its workforce. Unity is also planning to reduce its global network of offices over the next few years to fewer than 30 from 58 today, the Wall Street Journal reports. The job cuts come after Unity let go more than 500 employees in two rounds of layoffs, one this January and another last June, as macro headwinds weigh. The
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The Democratic senator raised concerns about the deal reigniting the “Too Big to Fail” problem.
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(Bloomberg) -- Large hedge funds would have just three days to privately tell US regulators about extraordinary investment losses and major margin events under a new rule that’s set to be approved by the Securities and Exchange Commission. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapRussia Says It Foiled Kremlin Drone
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(Bloomberg) -- The selloff in Icahn Enterprises LP triggered by a short report deepened on Wednesday, sending the stock to its lowest since December 2010. Most Read from BloombergRussia Says It Foiled Kremlin Drone Attack Aimed At PutinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘Free Pass’ to India as Worry Over China Rivalry DeepensWall Street Rattled by 15% Tumble in Pair of Banks: Markets
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U.S.-traded oil prices fell below $70 per barrel for the first time since March on Wednesday morning.
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Pfizer Inc (NYSE: PFE) is reportedly looking to start selling its stake in Haleon plc (NYSE: HLN). In June last, the pharma giant announced its plans to exit the ownership interest in Haleon in a disciplined manner after the demerger. Pfizer's CFO, Dave Denton, told the Financial Times that it intends to offload that stake in a "slow and methodical" manner within months. Pfizer retained its 32% stake in Haleon. GSK Plc (NYSE: GSK) has up to 13.5% in Haleon, while GSK shareholders will own the re
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For young workers, a six-figure salary is the marker of success.
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For the past month, the S&P 500 has been hovering mostly around the 4100s without breaking out meaningfully in either direction. However, J.P. Morgan’s head of technical strategy Jason Hunter thinks that is about to end, and not in a good way for the bulls – at least in the short term. “We continue to expect a sell off from that area to retest medium-term support at the 3764 Dec low and 3760 Oct 61.8% retrace this spring, and look for an eventual extension back to key levels near 3500 by early s
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The Euro rallied a bit during the trading session on Wednesday as we waited for the Federal Reserve decision, and then of course the Thursday ECB decision.
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The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years.
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I'm over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. -Bernie Tax-deferred accounts, such as 401(k)s and traditional individual retirement accounts (IRAs), are potentially great … Continue reading → The post Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite? appeared first on SmartAsset Blog.
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An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.
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As markets tumble, folks nearing retirement are scrambling to locate strategies that will help them protect their nest eggs and grow their wealth. But if you're over 50 and currently in the workforce, you may specifically want to consider a … Continue reading → The post T. Rowe Price Says Workers Over 50 Should Do This in a Down Market appeared first on SmartAsset Blog.
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Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.
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The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.
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Darden Restaurants is buying the steakhouse chain in an all-cash deal with an equity value of $715 million.
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The food maker said price increases dented sales volumes.
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Amazon is shifting investments to its noncore businesses and international expansion after slowing e-commerce sales and layoffs.
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Megacap tech stocks have led the S&P 500 higher this year. The reason why further highlights the importance of Wednesday's Fed decision for markets.
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Ford reported first quarter operating profit of $3.4 billion, up from $2.3 billion a year ago. Wall Street was looking for $2.5 billion. Now analysts are weighing in on Ford's results.
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The auto makers all reported better-than-expected first-quarter numbers. All three stocks are down.
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The company posted a net profit of $2.14 billion for the first quarter.
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The health giant lowers earnings guidance for the full year.
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CVS Health beat first-quarter expectations on a jump in revenue from its pharmacy benefits management business but chopped the 2023 earnings projections it issued in the fall. The drugstore chain, pharmacy benefit manager and insurer said Wednesday that it now expects adjusted earnings of $8.50 to $8.70 per share for the year. In the third quarter, adjusted earnings totaled $2.20 per share, on $85.3 billion in total revenue.
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Shares of PacWest, Western Alliance, and other regional lenders extend losses.
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Dividend stocks are core for the famed investor, whose fans will flock to Omaha, Neb., on Saturday for Berkshire Hathaway’s annual meeting.
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(Bloomberg) -- Oil steadied in Asia after tumbling 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoRegional Bank Shares Plunge on Fear of More Rescues to ComeBrent held above $75 a barrel
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The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years.
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(Bloomberg) -- The US regional banking crisis is far from over and the Federal Reserve should pause its rate hike campaign, according to former Federal Reserve Bank of Dallas President Robert Kaplan. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoRegional Bank Shares Plunge on
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Russia's gas production has reportedly dropped by 10pc in a blow to Vladimir Putin's efforts to fund his war in Ukraine.
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(Bloomberg) -- The International Monetary Fund expects Saudi Arabia won’t balance its budget if oil is below $80 a barrel, a revision that means the kingdom will move back into fiscal deficit after its first surplus in almost a decade.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Cou
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Any debt-ceiling-related stock decline will almost certainly be temporary. Stocks may even benefit from a default as investors regain their senses and realize U.S. stocks are among the world’s best stores of value.
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The maker of mobile processors and 5G wireless chipsets reports its latest quarterly earnings after the close Wednesday.
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(Bloomberg) -- Albemarle Corp. is aiming to spend between $1.25 billion and $1.5 billion to double its lithium hydroxide output in Australia to a volume that it estimates could power more than two million electric cars a year.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportIBM to Pause Hiring for Jobs That AI Could DoRegi
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A massive amount of funds got poured by Apple credit cardholders into the high-yield savings accounts offered by the tech giant with Goldman Sachs upon their rollout, according to Forbes.
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The software company’s move to let go about 600 employees follows a recent string of job cuts in the tech industry and beyond.
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The latest economic data presents a mixed picture for the US economy. The growth data for the first quarter has been released, indicating that the GDP increased by only 1.1%, which is a sharp slowdown from 2H22, and feeding fears of a recession later this year. On the inflation front, the steady rise in prices has been easing back, and the March year-over-year number was just 5%, below the forecast and the lowest in nearly 2 years. The moderating inflation rate is an indicator that the Fed’s pol
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(Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the rescue of First Republic Bank, a tumble in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3
( 39
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U.S. equities were lower on May 3, 2023, as Fed policymakers raised interest rates but suggested that they might pause their tightening campaign.
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min )
With the Federal Reserve delivering its tenth rate hike in 14 months, you may see changes in what you can earn at the bank, but also perhaps what you'll pay to borrow.
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The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.
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The Dow dropped 250 points with Walgreens taking the index lower after rival CVS cut its profit outlook.
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In order to grow and thrive in a shifting landscape, financial advisors need to build stronger relationships with clients and prospects.
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Sometimes providing advice is as much about managing client behavior as it is about asset allocation and retirement projections.
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Certificates of deposit can help you grow your savings over time. Learn the best age to get a CD account.
( 23
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Learn how to discuss financial constraints with clients, including time horizon, tax and regulatory constraints, as well as basic risk management.
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These 5 strategies offer financial advisors and financial advisory firms a blueprint on how to grow their practices and ensure their long-term success.
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These nine event ideas for financial advisors will help you grow your firm by gaining new prospects and showing clients you appreciate them.
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Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what's offered by most credit cards.
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Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.
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If you want to switch your financial advisor, follow these four steps to make a clean break and watch out for unexpected fees and penalties.
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A career as a financial advisor offers opportunities not found in other industries but building a client base can be stressful and difficult.
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min )
The British royal family has a combined net worth in the billions—here is a look at their properties and assets, and the sources of their wealth.
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The Federal Reserve once again increased the pressure pushing down on inflation—and the economy—raising its benchmark interest rate by a quarter-point in its tenth and what could be the final rate hike of its current campaign.
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min )
Financial securities licenses like Series 7 and Series 63 are required by individuals who market and sell investments or securities.
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Mortgage rates were slightly up Tuesday, with the 30-year average rising four points while 30-year jumbo averages remain unchanged.
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Treasury stock is previously outstanding stock bought back from stockholders by the issuing company.
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Daqo New Energy Corp. and First Solar Inc are among top alternative energy names this quarter.
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min )
Led by PetroChina Co. Ltd, these are the 10 biggest Chinese companies by revenue.
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With Berkshire Hathaway leading the pack, these are the 10 biggest insurance companies by revenue.
( 20
min )
President Biden's 2024 budget proposal includes a potential 30% tax on crypto miners' electricity costs by 2027, but it could be tough to implement and easy for miners to avoid.
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Mortgage insurance premium (MIP) is paid by homeowners as mortgage insurance for Federal Housing Administration (FHA) loans.
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With CVS Health in the #1 spot, these are the 10 biggest healthcare companies by revenue.
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Free cash flow (FCF) represents the cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base.
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A home equity line of credit (HELOC) might be the best way to access home equity when interest rates are high and rising. Learn how to get a home equity line of credit.
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The Asian Americans called upon to run the world's largest companies generally haven’t disappointed.
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Developed to net premiums earned is the ratio of developed premiums to net premiums earned over a given time period.
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min )
Commercial general liability (CGL) insurance covers a business against claims of property damage, bodily injury, libel, slander, or false advertising. Learn more.
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min )
A certificate of deposit (CD) is a savings product that earns interest on a lump-sum deposit that’s untouched for a predetermined period of time.
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The trend of lower refunds and more balances owed will likely continue in coming years, thanks to tax law changes.
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min )
Crypto exchange Coinbase is expected to post higher earnings despite a slowdown in revenue. However, headwinds from regulation and a new lawsuit could hamper the company's finances.
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De Amerikaanse Federal Reserve (Fed) heeft de rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar.
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Duitsland heeft maandag een goedkoop abonnement voor het openbaar vervoer ingevoerd. Ondanks enthousiaste reacties in Nederland is de kans klein dat ook wij voor een lager tarief onbeperkt de trein en bus kunnen pakken.
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De Federal Reserve heeft de Amerikaanse rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar tijd.
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min )
Duitse Sparkasse-banken gaan lijm gebruiken om ervoor te zorgen dat geld onbruikbaar wordt na een plofkraak. De methode heeft in Nederland al voor een flinke afname in het aantal plofkraken gezorgd. In Duitsland zijn plofkraken juist flink toegenomen doordat Nederlandse bendes de grens overgaan.
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Duitse Sparkasse-banken gaan lijm inzetten om ervoor te zorgen dat het geld onbruikbaar wordt na een plofkraak. De methode heeft in Nederland al voor een flinke afname in het aantal plofkraken gezorgd. Tegelijkertijd is het aantal plofkraken in Duitsland juist flink toegenomen doordat Nederlandse bendes de grens overgaan.
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min )
De olieprijs blijft dalen en dat zorgt voor de laagste prijzen sinds eind 2021. Tegelijk zakte de benzineprijs aan de pomp in de afgelopen maanden minder hard. Ook is er nog extra accijns in aantocht.
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min )
Schiphol wil twaalf boerderijen verkopen die de luchthaven heeft opgekocht voor de stikstofrechten. Wel wil Schiphol "uiteraard" die stikstofrechten houden, laat de luchthaven weten.
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min )
Pringles-chips die in het Belgische Mechelen worden geproduceerd krijgen een recyclebare verpakking. De bodem van de bussen wordt geheel van papier, zodat de verpakking voor 90 procent herbruikbaar is.
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De politie heeft haar TikTok-verbod uitgebreid uit angst voor spionage vanuit China. Politiemedewerkers mochten de app al niet op werktelefoons gebruiken en nu ook niet meer op bijvoorbeeld tablets. Agenten die TikTok voor hun werk moeten gebruiken, krijgen daarvoor een speciale TikTok-telefoon.
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De pinstoring van dinsdagmiddag werd toch veroorzaakt door een betaaldienstverlener, bevestigt Betaalvereniging Nederland aan NU.nl. Vanwege de problemen ontstonden rijen aan de kassa's bij onder meer Albert Heijn, Lidl en Blokker.
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Transavia heeft voor de periode tot zondag nog eens 42 vluchten geschrapt. Het gaat om 21 retourvluchten van en naar Schiphol en de luchthavens van Rotterdam en Eindhoven. Enkele duizenden passagiers zijn de dupe, maar zij worden wel gecompenseerd.
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Goed nieuws voor starters op de woningmarkt: koophuizen zullen rond het najaar iets betaalbaarder zijn. Dat komt doordat de inkomens stijgen en de huizenprijzen waarschijnlijk verder dalen.
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Supermarkten verkochten in 2022 minder vlees dan het jaar ervoor. Vooral vers vlees ging minder vaak over de toonbank. Dat concludeert dierenwelzijnsorganisatie Wakker Dier, die naar de kassascangegevens van supermarkten heeft gekeken.
( 3
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Starbucks doet er alles aan om klanten nog meer te laten uitgeven. Behalve dat een kopje koffie in de afgelopen drie maanden duurder werd, maakte de Amerikaanse keten er veel werk van om mensen meer te laten kopen, zoals gebak of een smaakje voor door de koffie.
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Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.
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Deze week wordt er bij vakbond FNV gestaakt en dat is zeldzaam. Medewerkers van de bond willen dat hun lonen gelijke tred houden met de inflatie. Een zogenoemde vakbondsbestuurder onderhandelt over arbeidsvoorwaarden en lonen. Bij de FNV verdient zo'n onderhandelaar al gauw meer dan 5.000 euro per maand, plus vergoedingen en een leaseauto.
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A correspondent bank is a financial institution authorized to provide services on behalf of another financial institution. Learn how correspondent banks work.
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U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.
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Personal loan rates eased slightly after four consecutive weeks of increases, lowering the overall average by five basis points.
( 16
min )
A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.
( 27
min )
Expect the unexpected with just four types of insurance that everyone should have.
( 23
min )
Money orders are safe and easy to buy or cash at U.S. banks, credit unions, post offices, retailers, grocers, and convenience stores.
( 21
min )
A game-changer can be a person who is a visionary or a company that alters its business strategy and conceives an entirely new business plan.
( 22
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Learn how the market segmentation theory for different maturities of interest rates seeks to describe the shape of the yield curve.
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min )
Cognitive biases involve decision-making based on concepts that may not be accurate. Emotional biases are based on personal feelings while a decision is made.
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Capitalized interest is the cost of borrowing to acquire or construct a long-term asset, which is added to the cost basis of the asset on the balance sheet.
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Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.
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Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.
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A loan is money, property, or other material goods given to another party in exchange for future repayment of the loan value amount with interest.
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A vendor is a party in the supply chain that makes goods and services available to companies or consumers.
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Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.
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Shares of PacWest and other regional banks slid double-digits in intra-day trading Tuesday over concerns that the turmoil in regional banking is far from over.
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min )
High-priced West Coast markets have taken the biggest beating in a housing market suffering an affordability shock.
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Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.
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An A-B trust is a joint trust created by a married couple for the purpose of minimizing estate taxes.
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Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.
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Mortgage rates were mostly flat, with the 30-year average rising only a point and the 5/6 ARM and all jumbo averages marching in place.
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Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.
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min )
The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.
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min )
Coinbase launched a new crypto-derivatives exchange in Bermuda, to offer contracts not allowed in the U.S. while expanding offshore amid regulatory uncertainty.
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Job seekers found fewer options in March as the labor market continued to descend from its pandemic-recovery heights.
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Alpha (α) , used in finance as a measure of performance, is the excess return of an investment relative to the return of a benchmark index.
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Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.
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Fintech companies are increasingly offering home-equity loan and HELOC products. Learn how these loans work and how they compare to loans from traditional lenders.
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Some small business owners don’t have the capital to get their companies off the ground. In these cases, it might make sense to take out either a personal or business loan, depending on their needs.
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Fixed income refers to assets and securities that bear fixed cash flows for investors, such as fixed rate interest or dividends.
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The U.S. could run out of cash by June 1, Janet Yellen warns. Here's a guide to the language and terms everyone's talking about.
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Block is expected to say its loss narrowed in the first quarter of 2023 as revenue and gross payment volume grew, though at slower rates than during and even before the pandemic.
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A memorandum of understanding (MOU) is a document describing the broad outlines of an agreement that two or more parties have reached.
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Key person insurance is a life insurance policy that a company purchases on an owner, a top executive, or another individual critical to the business.
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Ford reported first-quarter operating profit of $3.4 billion and earnings per share of 63 cents from sales of $41.5 billion. All three numbers were better than Wall Street expected but investors remained worried about the economy and rising rates.
( 23
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Expectations were high heading into the coffee retailer's second-quarter earnings. Guidance may have fallen short.
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(Bloomberg) -- Corporate activist Carl Icahn’s fortune tumbled more than $10 billion Tuesday after short-seller Hindenburg Research accused him of using a “ponzi-like” economic structure at his investment company.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First Republic’
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A significant restructuring of the banking industry is underway, writes Brian Graham.
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(Bloomberg) -- Balaji Srinivasan, the former chief technology officer of Coinbase Global Inc., said he closed out what appeared to be a losing bet that Bitcoin would rise to $1 million within 90 days. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapJPMorgan Ends First Republic’s Turmoil Af
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(Bloomberg) -- Icahn Enterprises LP’s steepest one-day plunge on record after Hindenburg Research disclosed a short call against the investment firm added to the list of big hits dealt by the short-seller that’s become a household name on Wall Street. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoCarl Icahn’s Wealth Plunges $10 Billion on Hindenbu
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Excluding one-time items, Ford made 44 cents per share. Ford reaffirmed its earlier pretax profit guidance for the full year of $9 billion to $11 billion. Ford lost $722 million before taxes on its electric vehicles, but it made $2.62 billion on internal combustion vehicles.
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PacWest Bancorp slid 28% and Western Alliance Bancorporation dropped by 15% following the sale of First Republic Bank to JPMorgan Chase on Monday.
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The drugmaker has been on an M&A hot streak over the past couple of years.
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In a leaked memo, AWS tells hiring managers about new constraints in place to control headcount growth.
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(Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the acquisition of First Republic Bank, a selloff in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First
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Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.
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The retailer is pressing a case with maritime regulators as it prepares to shut its U.S. stores.
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Fears of a recession have mounted since the U.S. Federal Reserve began hiking interest rates in early 2022. Although the latest gross domestic product (GDP) figures indicated growth, a recession could be imminent according to David Rosenberg, president of Rosenberg Research and former chief North American economist at Merrill Lynch. “The leading indicators are telling me that the recession is actually starting this quarter,” he said in a recent YouTube interview with Blockworks Macro. “If it’s n
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min )
Anheuser-Busch wholesalers say they have faced plummeting sales and personal threats over backlash from a promotion with a transgender influencer.
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Nikola Corp (NASDAQ: NKLA) and decarbonization infrastructure provider Voltera signed a definitive agreement to develop the hydrogen fueling infrastructure to support Nikola's deployment of zero-emissions vehicles. Under the strategic partnership agreement, the parties plan to develop up to 50 HYLA stations throughout North America over the next five years. The partnership is a part of Nikola's prior announced plans to develop 60 stations by 2026. Voltera will site, build, own, and operate the s
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min )
The Federal Deposit Insurance Corporation (FDIC) released a report this week seeking reform of its deposit insurance system due to recent instability in multiple U.S. banks.
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min )
Bill Gates was “virtually always right” one of his former colleagues has said—these are the top three skills the tech titan used to make sure he was always on the money.
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The stock market is dropping today, and something is clearly bothering it. That something is a recession.
Looking at the indexes, you know it’s a bad day. The Dow Jones Industrial Average has fallen 558.12 po
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The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.
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Hindenburg Research questions Icahn Enterprises’ policies on asset valuations and its dividend policy.
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The major stock indexes were getting hit Tuesday after labor market data showed fraying at the edges, while worries of the Federal Reserve tightening into a banking crisis weighed on investors' minds.
The Dow Jones Industrial Average was down 550 points, or 1.6%. The S&P 500 fell 1.7%, and the Nasd
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min )
(Bloomberg) -- Right-wing media entrepreneur Ben Shapiro has taken a $4.7 million stake in a struggling Israeli pharmaceutical company and joined the board.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItJPMorgan Ends First Republic’s Turmoil After FDIC SeizureMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsIBM to Pause Hiring for Jobs That AI Could DoFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureShapiro, 39, a co-founder of media
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The slide came a day after the Federal Deposit Insurance Corp. took control of First Republic Bank and sold most of it to JPMorgan Chase.
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Inflation inched higher across the eurozone last month amid high food prices, raising pressure on the ECB to raise interest rates later this week.
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(Bloomberg) -- Oil prices slid as concerns over short-term demand, including weaker-than-expected Chinese manufacturing data, outweighed expectations for tight supply later in the year.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWest T
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U.S. and China's geopolitical tensions wiped off significant stock price gains of Alibaba Group Holding Limited (NYSE: BABA) from recent restructuring plans. Alibaba's organizational revamping plans instilled investor optimism over a valuation boost and drove chances of listing those units publicly, Bloomberg reports. Investors expected the restructuring and the subsequent IPOs to ward off the downside from the sudden halt of Ant Group's IPO in 2020. Unfortunately, the geopolitical frictions, co
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Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.
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The oil major’s latest share buyback plan disappointed investors who have grown used to generous handouts.
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Short seller who targets companies takes aim at investor who targets companies
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Every investor is looking to gain an edge and beat the market and there are numerous strategies that can help in this undoubtedly difficult endeavor. One obvious game plan is to follow in the footsteps of Wall Street’s investing titans, and you can certainly put Ken Griffin in that bracket. The billionaire not only has a decades-long history of investing success, but his Citadel hedge fund also raked in the profits last year – a Wall Street record of $16 billion, in fact – done against a general
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Investors just won't give industrial companies a lot of credit for great Q1 results. They are too worried about the economy.
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The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.
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Salary expectations have slightly decreased among early career job candidates but remain above employer expectations.
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(Bloomberg) -- Icahn Enterprises L.P. tumbled in premarket trading on Tuesday after becoming the latest target of a short call by Hindenburg Research.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsShares of Icahn Enterprises, where famed
( 38
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The EUR/USD pair has gone back and forth over the last couple of days, and it appears that Tuesday will simply be more of the same.
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Bitcoin has torn higher this year amid expectations of easier monetary policy from the Federal Reserve. That narrative will be put to the test Wednesday.
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Excluding revenue from Comirnaty and Pfizer’s Covid-19 pill Paxlovid, the company’s top line increased 5%.
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(Bloomberg) -- The speed of disruption brought on by a worldwide rush into artificial intelligence was on full display this week, sending shares of education-technology company Chegg Inc. plunging, prompting IBM to halt some hiring and prompting a chatbot ban at Samsung Electronics Co.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Paus
( 40
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The education company warned that increasingly more students are turning to OpenAI’s ChatGPT for help with their homework, hurting its own new customer growth rate in March.
( 22
min )
American depositary receipts of BP traded down 5% in premarket trading on Tuesday after the British oil major disappointed investors with a slower rate of share buybacks, as falling oil prices hit cash flows. BP said in its first-quarter results that it plans to launch a $1.75 billion quarterly shar
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Pfizer topped Wall Street expectations Tuesday even as sales of its top-selling COVID-19 vaccine crumbled in the first quarter. Revenue from Pfizer’s Comirnaty vaccine fell 77% to $3 billion in the first three months of the year, compared with more than $13 billion in the same stretch last year. The drop was widely expected because the drugmaker is moving this year from supplying governments through big contracts to selling the vaccine on the commercial market.
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A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.
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DuPont's first-quarter earnings top estimates but the materials giant reduces full-year guidance.
( 22
min )
Biden to meet House and Senate leaders as debt limit looms, the fight between Florida’s DeSantis and Disney escalates, and other news to start your day.
( 22
min )
MicroStrategy has emerged as one of the few companies to hold significant quantities of crypto, and Bitcoin's rally this year has buoyed its finances.
( 22
min )
British energy giant BP posted a strong quarterly profit on Tuesday even as oil and natural prices that soared after Russia's war in Ukraine last year have eased off. The company said the earnings report "reflects an exceptional gas marketing and trading result” and a “very strong oil trading result.” Oil companies around the world have been reporting bumper earnings in the wake of Russia's invasion of Ukraine in February 2022, which sent energy prices soaring and curtailed some of Moscow's supplies to the world.
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min )
Chegg stock falls sharply after the online-education company says it has been seeing a 'significant spike in student interest in ChatGPT,' while Arista anticipates some of its biggest cloud customers soon could begin cutting back on spending.
( 23
min )
When Silicon Valley Bank was busy imploding earlier this year, and depositors were pulling their money out of shaky lenders to put it in safer-looking banks, the joke was that everyone was going to end up banking with JP Morgan. Now that the US uber-lender has agreed to acquire most of First Republic, another stricken bank, the gag is even less funny.
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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.
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min )
Taiwan-based Wistron is reportedly winding up its India operations.
( 39
min )
Trading oil and gas helped the British oil major achieve strong results in the first quarter, but its announced $1.75 billion buyback was smaller than analysts expected.
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min )
The oil major posted underlying profit of $5 billion for the first three months of the year, up from $4.8 billion in the fourth quarter.
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min )
Chinese EV maker BYD sells 104,364 battery-electric vehicles in April, up about 82% from the 57,403 delivered a year earlier.
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min )
Bitcoin dipped to US$28,000 in Tuesday morning trading in Asia and then fell through that support line later in the morning. Ether and other top 10 cryptocurrencies also fell.
( 40
min )
"This will likely be the last hike of the cycle. This is thesis changing," Fundstrat said, predicting the S&P 500 could notch 4,750 by year-end.
( 38
min )
(Bloomberg) -- Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1 billion in losses by using inside information to sell stock within days of the cryptocurrency platform’s public listing two years ago, before bad news sent the share price tumbling, according to a lawsuit filed by an investor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought
( 39
min )
(Bloomberg) -- Chegg Inc. plummeted as much as 38% after warning that the ChatGPT tool is threatening growth of its homework-help services, one of the most notable market reactions yet to signs that generative AI is upending industries.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersIBM to Pause Hiring for Jo
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min )
Het aantal stakingen in ons land nam begin dit jaar flink toe, maar in 2022 werd ook al een stuk meer gestaakt dan een jaar eerder. Er deden vorig jaar wel minder mensen mee aan stakingen.
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min )
Het Indiase staalconcern Tata Steel heeft in het afgelopen kwartaal een veel lagere winst geboekt dan een jaar eerder. Dit kwam mede door vertragingen van onderhoud op de locatie in IJmuiden.
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Met het einde van de Amerikaanse bank First Republic is de afgelopen dagen het rumoer in de bankenwereld teruggekeerd. In maart was het al wekenlang onrustig, omdat toen ook verschillende banken kopje-onder gingen. Is dit de voorbode van meer bankenellende?
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min )
De Europese Commissie heeft de plannen om grote stikstofuitstoters vlak bij Natura 2000-gebieden uit te kopen goedgekeurd. Daarmee is een belangrijke stap gezet in het stikstofbeleid van het kabinet.
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min )
Een landelijke pinstoring waardoor dinsdagmiddag lange rijen ontstonden in verschillende winkels is grotendeels opgelost. Mensen kunnen weer gewoon afrekenen met hun (digitale) betaalpas.
( 3
min )
Vanwege pinproblemen kunnen mensen in sommige supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is dus niet overal mogelijk. De oorzaak van de storing is nog niet bekend.
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min )
Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.
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Vanwege een pinstoring kunnen mensen in supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is niet overal mogelijk. De oorzaak van de storing is nog niet bekend.
( 3
min )
Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.
( 6
min )
Lenen wordt door rentestijgingen steeds minder aantrekkelijk. Bovendien zijn banken weer strenger geworden. Daardoor neemt de vraag naar leningen af. En dat is precies wat de Europese Centrale Bank (ECB) wil bereiken met haar pogingen om de inflatie te beteugelen.
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ProRail wil ondanks strenge bouwregels kunnen blijven werken aan het spoor. Het spoorbedrijf wil een uitzonderingspositie voor allerlei overheidsregels die onderhoud en verbouwingen aan het spoor bemoeilijken.
( 3
min )
De politie heeft tien Nederlanders aangehouden die betrokken waren bij de handel in drugs op het darkweb. Dat is een afgeschermd deel van het internet. De aanhoudingen hoorden bij een internationale operatie, waarbij autoriteiten een illegale marktplaats op het darkweb oprolden.
( 3
min )
Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.
( 3
min )
De prijzen in de eurolanden zijn in april iets harder gestegen dan in maart. De inflatie kwam er afgelopen maand uit op 7 procent. Een maand eerder was het leven in de eurolanden 6,9 procent duurder dan een jaar eerder.
( 3
min )
De Verenigde Staten moeten het schuldenplafond binnenkort verhogen. De Amerikaanse minister van Financiën Janet Yellen is bang dat het land mogelijk op 1 juni al niet meer aan alle financiële verplichtingen kan voldoen. Wat is er aan de hand? En merken wij daar ook wat van?
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min )
Albert Heijn wil het personeel in de distributiecentra later deze maand 10 procent meer loon geven. Dat heeft de supermarktketen aan de vakbonden laten weten, maar die willen volgens AH niet terug aan de onderhandelingstafel komen.
( 3
min )
De lonen in nieuwe cao's zijn in april gemiddeld met 7,7 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april uitkwam op 5,2 procent. Daardoor waren bijvoorbeeld boodschappen en energie 5,2 procent duurder dan een jaar eerder.
( 5
min )
Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.
( 4
min )
Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.
( 3
min )
Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.
( 3
min )
De lonen in nieuwe cao's zijn in april gemiddeld met 7,7 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie die in maart uitkwam op 4,4 procent. Dat betekent dat zaken als boodschappen en energie die maand 4,4 procent duurder waren dan een jaar eerder.
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min )
Flooding the market with cheap products can mean job losses and even market collapse—but dumping isn't as threatening as it seems.
( 23
min )
Reinsurance is insurance for insurance companies. It results from one or more insurers assuming another insurance company's risk portfolio to try to balance the insurance market.
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min )
Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.
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min )
U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.
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min )
In the future, businesses would be able to bank with little to no fear of losing all their money if their bank fails, if reforms suggested by the Federal Deposit Insurance Corporation become reality.
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min )
The back office is the administration and support personnel who are not client-facing. Back-office personnel provide essential functions to the business.
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min )
Financial advisors can help small businesses during the start-up, growth, and winddown stages of the company.
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min )
Amid concerns over high mortgage rates, supply costs and uncertainty about inflation, new single-family construction remained slumped in March.
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min )
The 28/36 rule calculates debt limits that an individual or household should meet to be well-positioned for credit applications. It measures income against debt.
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min )
Not everyone who leaves a job can collect unemployment insurance. Here's what you need to know about who qualifies and how to go about it now.
( 25
min )
Use these tips to free yourself from some of the extra weight if car insurance costs are dragging you down. Consider coverage options and "bundling" policies.
( 26
min )
Green energy, supply chain, AI, and tech will help drive job growth, while education, agriculture, and digital commerce will add the most jobs, one report shows.
( 18
min )
Mortgage rates dropped back a bit, erasing some of their big gain of the previous day and ending the week roughly on par with the previous Friday.
( 20
min )
TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.
( 23
min )
A capitalized cost is an expense that is added to the cost basis of a fixed asset on a company's balance sheet.
( 24
min )
The Federal Reserve faces a key decision this week that could determine if the economy goes into a recession—whether this week’s widely-expected rate hike will be its last.
( 17
min )
Mrs. Dow Jones rejoins The Express in front of a live audience to dispel the biggest money myths about making money, and shares hacks to help us earn more, keep more, and make our money last longer. Plus, investors are bracing for the Fed's next move, which could very well be its last for a little while. Why haven't all stocks woken up to the party?
( 15
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A survey of chief factors that reduce cash flow from operating activities.
( 18
min )
JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.
( 17
min )
First Republic, Silicon Valley and Signature banks are some of the largest U.S. bank failures ever. Their combined assets are more than all the banks that failed in 2008.
( 16
min )
This week’s cryptocurrencies to keep an eye on are Render Token (RNDR), Casper (CSPR), Injective (INJ), Internet Computer (ICP), and MultiversX (EGLD).
( 19
min )
Getting out of an upside down car loan is not impossible, but it's important to understand what you might need to do to walk away from the debt.
( 23
min )
You can use a home equity loan to buy a car, but in most cases it doesn't make sense. In this article, we'll explain why.
( 22
min )
A mid-cap fund is a type of investment fund that focuses its investments on companies with a capitalization in the middle range of listed stocks in the market.
( 20
min )
Adding a co-signer to an auto loan could make it easier to get approved, but it can complicate things if you're unable to keep up with the payments.
( 21
min )
Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.
( 18
min )
Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.
( 19
min )
Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.
( 21
min )
Failing to comply with the rules for required minimum distributions (RMDs) may incur a penalty.
( 23
min )
Finance makes for great cinema. Here are 10 of the best offerings by Hollywood on the subject.
( 24
min )
Ford's global unit sales rebounding globally, led by 15% growth in North America
( 18
min )
The government’s response to the Silicon Valley Bank failure has inspired renewed calls by some for the Federal Reserve to offer banking services to individual members of the public.
( 22
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JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.
( 17
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Review your equity, credit score, breakeven point, and other key data points before you begin the mortgage refinance process. Learn what you need to know.
( 27
min )
The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.
( 20
min )
For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer perfect inputs.
( 20
min )
(Bloomberg) -- One after another, Japanese executives from some of the country’s most elite firms filed into Warren Buffett’s suite at the luxury Four Seasons Hotel in central Tokyo. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayRivian’s Troubles Don’t End at a 93% WipeoutPeak Oil Spells Trouble for ConsumersThe legendary investor was on a tri
( 43
min )
Norwegian Cruise Line's strong onboard passenger spending in the first quarter demonstrates that the pent-up energy to cruise that people had during the pandemic hasn't dissipated at all.
( 39
min )
The education tech firm is seeing a spike in ChatGPT interest. "We now believe it’s having an impact on our new customer growth rate," Chegg said.
( 22
min )
Markets are overly optimistic that the Fed will quickly lower rates, a panel of investing pros found.
( 23
min )
A defamation case brought against Tesla chief executive Elon Musk by critic Randeep Hothi is apparently coming to a close, reportedly costing the billionaire ten big ones. Lawyers representing Hothi, a vocal member of the TSLAQ short-seller community on Twitter, said in a statement that Musk asked to settle the nearly three-year-old case back in March. Hothi tweeted on Monday that he accepted the alleged offer, "for a modest $10k."
( 38
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Investors are often intrigued by ETFs that feature sky-high dividend yields, such as the Amplify High Income ETF (NYSEARCA:YYY), which currently yields 12.3%. While the thought of receiving passive income with this type of yield is indeed enticing, and YYY has some good things going for it, investors also need to look under the hood before committing to these types of ETFs. Here’s more on YYY and why most investors should likely proceed with caution. What is YYY ETF? Operated by Amplify ETFs, YY
( 41
min )
Solar panel sales are being pressured by higher interest rates plus California's decision to reduce the financial benefits for installing roof panels.
( 22
min )
(Bloomberg) -- As Wall Street economists and central bankers debate if and when the US economy will slip into a recession, big money managers aren’t waiting to find out. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get TougherIncreasingly, professional stock picker
( 40
min )
What to expect from the pharma giant's Q1 earnings report.
( 23
min )
Berkshire Hathaway’s Charlie Munger said on Monday that a storm is brewing in commercial property market, as property prices fall and banks deal with bad loans.
( 39
min )
Hint: They’re mostly soft skills.
( 39
min )
(Bloomberg) -- TCW Group President and Chief Executive Officer Katie Koch said cracks are starting to show in the private credit market and that investors should prepare for “major accidents” in the red-hot sector over the next 12 to 18 months. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More O
( 39
min )
Bud Light's sales declines accelerated in the week ended April 22, according to Beer Business Daily
( 22
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Investors looking for an edge with stocks that have upcoming earnings reports may want to consider those companies that have recently increased their quarterly dividend payout. A May 2020 study done by Ham, Kaplan and Leary in the Journal of Financial Economics reviewed several previous studies to determine whether companies that raise their quarterly dividends are signaling improved earnings reports in the future. “We show evidence that dividend changes do in fact convey information about futur
( 40
min )
Apple is preparing for its next big product release, while Nvidia is carrying all the hopes and hype of A.I. on its back.
( 39
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(Bloomberg) -- The Ron DeSantis-appointed board of the municipal authority overseeing Walt Disney Co.’s parks voted Monday to sue the company, following a complaint Disney filed last week against the Florida governor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get
( 39
min )
The 99-year-old Berkshire Hathaway vice chairman told the Financial Times Sunday there’s now a “glut of investment managers that’s bad for the country.”
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JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.
( 17
min )
UBS analyst David Vogt and BofA Global Research's Wamsi Mohan say consensus estimates for Apple iPhone sales are too high, considering recent weakness.
( 22
min )
(Bloomberg) -- The International Monetary Fund’s chief said China is shifting its thinking about participating in debt restructuring after being confronted by countries unable to pay what they owe, signaling hope the world’s second-largest economy will help provide relief for distressed nations.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureRivian’s Troubles Don’t End at a 93% WipeoutBuffett Will Beat the
( 39
min )
SoFi Technologies says personal loan originations climbed 46% to $2.95 billion during its first quarter.
( 23
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(Bloomberg) -- Marc Rowan, the co-founder of Apollo Global Management Inc., says that the next wave of turmoil across the financial sector will likely come from the commercial real estate market.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place B
( 39
min )
(Bloomberg) -- The seeds of First Republic Bank’s downfall were sown in the jumbo mortgages of Silicon Valley, where a unique strategy to loan wealthy individuals extraordinary sums of money blew up in spectacular fashion.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Int
( 43
min )
(Bloomberg) -- Lordstown Motors Corp. may be forced to cease operations and file for bankruptcy after manufacturing giant Foxconn told the electric-vehicle company that it’s prepared to pull out of a production partnership.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend In
( 39
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Blackstone is the largest company by market value not in the S&P 500
( 23
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Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.
( 19
min )
The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation with the fastest pace of hikes in four decades. Economists say Powell will likely hint that the Fed is edging closer to a long-awaited pause in its rate increases. Instead, he will probably stress that further rate hikes could happen if inflation were to stay persistently high, well above the Fed's 2% target rate.
( 41
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The Supreme Court said Monday it will decide whether to jettison a decades-old decision that has been a frequent target of conservatives and, if overruled, could make it harder to sustain governmental regulations. The justices agreed to hear an appeal that takes aim at a 1984 case known as Chevron. It involves the Chevron oil company and says that when laws aren’t crystal clear, federal agencies should be allowed to fill in the details.
( 39
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(Bloomberg) -- Blackstone Inc.’s $70 billion real estate trust for wealthy individuals limited redemptions for a sixth straight month.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place BidsInvestors asked to redeem $4.5 billion in April from Black
( 39
min )
Foxconn had agreed to invest $170 million in the EV truck startup in November.
( 26
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Auto maker says the cuts were to contract workers in the group where the company works on future car models.
( 32
min )
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Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.
( 21
min )
The MOEX Index slumped 42% in 2022 amid sweeping sanctions over Russia's invasion of Ukraine.
( 39
min )
Li Auto's deliveries in April beat expectations, while XPeng's deliveries come in about as expected. NIO deliveries, however, are lower than Wall Street anticipated.
( 23
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You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”
( 40
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Advances in technology often come loaded with financial opportunities and scanning the one presented by the nascent autonomous driving sector, Cathie Wood thinks there is a huge one at play. The Ark Invest CEO has not been shy about making some bold predictions in the past and thinks investors should not underestimate what’s in store for this up-and-coming industry. “We think that the robotaxi opportunity globally will deliver $8 to $10 trillion in revenue by 2030 and is one of the most importan
( 43
min )
Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.
( 23
min )
Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in retirement. Should you decide to leave your job you might be wondering if it's possible to roll over an … Continue reading → The post How to Convert After-Tax Dollars From 401(k) to IRA appeared first on SmartAsset Blog.
( 41
min )
The cruise operator posts total revenue of $1.8 billion for its first quarter, soaring past the $522 million recorded in the year-ago period.
( 22
min )
Jamie Dimon has often expressed regret at his bank’s past role as savior, but there is opportunity in its latest rescue.
( 28
min )
Apple's iPhone revenue should hold up on Chinese demand and higher selling prices, according to Wedbush's Daniel Ives.
( 22
min )
A division of US gaming giant Activision Blizzard, which last week accused Britain of being “closed for business”, is facing an investigation by the taxman that has already forced it to cough up tens of millions of pounds.
( 39
min )
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Ford's global unit sales rebounding globally, led by 15% growth in North America
( 18
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Officials announced Monday that they closed San Francisco-based First Republic Bank, making it the third U.S. bank to collapse in the past two months. Most of First Republic’s assets are being acquired by JPMorgan. First Republic had wealthy clients who rarely defaulted on their loans.
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JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.
( 17
min )
(Bloomberg) -- SoFi Technologies Inc., the online lender suing the Biden administration for its student-loan repayment pause, reported a smaller loss than analysts expected and said it still expects to be profitable this year. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersWarren Buffett Will Beat the Market in Recession Times, Investors SayFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face Mo
( 38
min )
(Bloomberg) -- Financial markets are caught up in a tug of war between lingering inflation and concern about a recession as they try to guess the next move by the Federal Reserve. That means investors are potentially ignoring a far more dangerous outcome: stagflation.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsWarren Buffett Will Beat the Market in Recession Times,
( 41
min )
When a Chinese woman flaunted her banker husband's 80,000 yuan (US$11,562) a month salary on social media last year, she quickly drew the ire of common folk and the attention of regulators towards financial elites like her spouse. The young CICC banker and his colleagues soon paid a heavy price for the folly, taking a pay cut of almost 50 per cent. This quickly spread across the sector, with employees taking pay cuts of some 20 per cent to 30 per cent last year, according to data compiled by the
( 40
min )
Crypto traders are looking for a confirmation of a peak in the Fed's rate-hiking cycle to help break Bitcoin's resistance at $30,000.
( 22
min )
(Bloomberg) -- After more than 30 years growing crops on the plains of northern China, a farmer who asked to be identified as Zhang is struggling over what to plant in the coming months. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors Say
( 40
min )
Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.
( 19
min )
U.S. stocks were set for a modestly higher open Monday, following the announcement that JPMorgan Chase will be assuming all deposits of First Republic Bank.
Dow Jones Industrial Average futures were up 20 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures were flat.
Attention on Monday will b
( 24
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First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has finally fallen over, but with a relatively quick resolution into its next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced that it was being closed by the the California Department of Financial Protection and Innovation, that the FDIC was appointed as receiver, and that the FDIC would be selling the assets to JPMorgan. Its assets and deposits total just over $330 billion combined. Specifically, “to protect depositors, the FDIC is entering into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all of the deposits and substantially all of the assets of First Republic Bank,” it said.
( 39
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First Republic's 84 offices will be taken over by JPMorgan, the FDIC says in a statement.
( 22
min )
Regulators seized First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan.
( 27
min )
(Bloomberg) -- Stock market investors holding on to hopes that the Federal Reserve will cut rates in the second half could be disappointed later this week, according to Morgan Stanley’s Michael Wilson — a staunch Wall Street bear.Most Read from BloombergFirst Republic Talks Extend Into Night After Banks Place BidsPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors SayBitcoin on C
( 39
min )
(Bloomberg) -- Bitcoin slipped back Monday after climbing for four consecutive months through April in the longest such winning run since 2021.Most Read from BloombergFirst Republic Talks Extend Into Night After Banks Place BidsPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherBitcoin on Course for Longest Streak of Monthly Gains Since 2021Munger Warns Banks Stuck with Commercial Property Debt, FT SaysThe token slid as much as 3.2% and was tr
( 38
min )
Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.
( 23
min )
Regulators searched for a solution to First Republic Bank’s woes over the weekend, hoping to find a way forward before U.S. stock markets opened Monday. San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and depositors grew increasingly worried the bank may not survive as an independent entity. World markets have periodically been shaken by worries over turmoil in the banking industry since Silicon Valley Bank's collapse.
( 40
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Bitcoin edged up on Monday morning in Asia to hold above US$29,000. Ether fell below US$1,900. Most other top 10 non-stablecoin tokens traded lower except BNB.
( 40
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Wall Street expect the trio to report about 43,000 units delivered in April, up from 38,000 units delivered in March.
( 22
min )
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The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.
( 20
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(Bloomberg) -- Equities in Asia were primed to advance on Monday after robust corporate earnings boosted Wall Street at the end of last week as investors awaited news of a bid for First Republic Bank.Most Read from BloombergJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsYour Sunday US Briefing: Pressure Mounts on First RepublicBitcoin on Course for Longest Streak of Monthly Gains Since 2021Signs Are Mounting That
( 40
min )
(Bloomberg) -- Investors are piling into bets against the US dollar as this week’s expected Federal Reserve interest-rate hike is likely to bring the steepest tightening cycle in a generation to a halt. Most Read from BloombergJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts o
( 38
min )
(Bloomberg) -- Oil extended two weeks of losses after data from China reignited concerns about a patchy recovery in the world’s biggest crude importer. Most Read from BloombergFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts on First RepublicWest Texas Intermediate futures sli
( 38
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Duitsland heeft vanaf maandag een ticket van 49 euro per maand waarmee reizigers onbeperkt met het regionale openbaar vervoer kunnen reizen. Daarmee krijgt het extreem goedkope 9 eurokaartje van afgelopen zomer een vervolg. Duitsland wil met het zogeheten Deutschlandticket de hoge brandstofprijzen compenseren.
( 3
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De Belastingdienst telde maandag bijna tien miljoen belastingaangiftes en verwacht er nog meer. Daarmee zijn er meer Nederlanders dan vorig jaar die de deadline van de Belastingdienst hebben gehaald.
( 4
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De Belastingdienst telde maandag bijna tien miljoen belastingaangiftes en verwacht er nog meer. Daarmee zijn er meer Nederlanders dan vorig jaar die de deadline van de Belastingdienst hebben gehaald.
( 4
min )
Niet in alle woningen moeten straks gasgestookte cv-ketels vervangen worden door hybride warmtepompen. Appartementen en monumenten worden uitgezonderd van verplichte verduurzaming, schrijft minister Hugo de Jonge (Volkshuisvesting) maandag aan de Tweede Kamer.
( 5
min )
Een liter diesel is nu goedkoper dan die in anderhalf jaar is geweest. De gemiddelde adviesprijs is maandag 1,667 euro per liter. Op 2 oktober 2021 was de brandstof voor het laatst zo gunstig geprijsd, blijkt uit cijfers van consumentencollectief UnitedConsumers. Bij benzine is de daling een stuk minder sterk.
( 4
min )
De etalages van Britse winkels liggen al vol met standaard prullaria, zoals mokken, theedoeken, kussens en teddyberen, voor de kroning van Charles. Ook zijn er bedrijven die origineler uit de hoek proberen te komen om de consument te verleiden iets voor de speciale gelegenheid te kopen.
( 3
min )
Het potje voor de tweede ronde van het STAP-budget dit jaar is maandag binnen drie uur leeg geraakt. Vanaf 10.00 uur kon iedereen die dat wilde een aanvraag doen voor een tegemoetkoming van maximaal 1.000 euro in studiekosten. Het studiebudget was al geliefd en nu bekend werd dat het volgend jaar alweer afgeschaft wordt, is dat niet anders.
( 4
min )
Ondanks de krapte op de arbeidsmarkt neemt de automatisering bij grote bedrijven nauwelijks toe, blijkt uit een rapport van het World Economic Forum (WEF).
( 3
min )
De dertig vakantieparken van Roompot en Landal die verkocht zijn zodat de twee vakantieparkketens samen verder kunnen gaan, gaan voor het grootste deel verder onder de vlag van Summio Parcs. Dat is een nieuwe merknaam van Dormio Groep, een Nederlandse exploitant van vakantieparken.
( 3
min )
Topbestuurders hebben vorig jaar weinig last gehad van de inflatie. Volgens een onderzoek van Oxfam kregen mensen met een topfunctie in 2022 juist een loonsverhoging.
( 3
min )
Medewerkers van vakbond FNV leggen dinsdag zelf het werk neer. Ze zijn niet tevreden over het loon dat de bond zijn eigen werknemers biedt.
( 4
min )
Het Tijdelijk Noodfonds Energie blijft langer beschikbaar. Omdat in de afgelopen week een recordaantal aanvragen is binnengekomen, is de deadline verplaatst naar vrijdag 12.00 uur.
( 3
min )
In de Verenigde Staten is voor de derde keer in tweede maanden tijd een bank omgevallen vanwege financiële problemen. Het gaat om de First Republic Bank.
( 2
min )
De Dag van de Arbeid is in Nederland, in tegenstelling tot in andere Europese landen, geen nationale feestdag. Alleen de Amsterdamse effectenbeurs is op 1 mei dicht. Daardoor zijn handelaren en beleggers vandaag in ieder geval een deel van de dag vrij.
( 3
min )
Na een week van stakingen in de distributiecentra van Albert Heijn zijn veel schappen in een aantal winkels schrikbarend leeg. Alle energie is nu gericht op het hervatten van de gesprekken met de vakbonden, zegt een woordvoerder van de supermarktketen.
( 3
min )
Ieder jaar op kosten van de baas op 5 mei vrij is dit jaar tot dusver in vier cao's opgenomen als arbeidsvoorwaarde. Dat is nog geen 3 procent van de in totaal 143 afgesloten arbeidsovereenkomsten. Dat blijkt uit cijfers die NU.nl opvroeg bij werkgeversvereniging AWVN.
( 4
min )
Aandeelhouders van adidas hebben het sportmerk aangeklaagd vanwege de stukgelopen samenwerking met rapper Ye. Volgens de beleggers wist adidas al jaren dat de artiest er omstreden ideeën op nahield.
( 2
min )
Ieder jaar op 5 mei vrij op kosten van de baas, is dit jaar tot dusver in vier cao's opgenomen als arbeidsvoorwaarde. Dat is nog geen 3 procent van het totaal van de in totaal 143 afgesloten arbeidsovereenkomsten. Zo blijkt uit cijfers die NU.nl opvroeg bij AWVN.
( 4
min )
De landen om ons heen staan vandaag stil bij de Dag van de Arbeid, die vrijwel overal in Europa en de rest van de wereld een officiële feestdag is. Wat is 1 mei? En waarom gaat deze dag zo stilletjes aan ons voorbij?
( 4
min )
Vanaf maandag 10.00 uur kan iedereen die dat wil een aanvraag doen voor een tegemoetkoming van maximaal 1.000 euro in studiekosten. Je moet dan wel door de digitale wachtrij zien te komen, want de belangstelling voor het zogenoemde STAP-budget wordt mogelijk nog groter dan normaal nu bekend is gemaakt dat het volgend jaar wordt geschrapt.
( 3
min )
Whether you’re a seasoned trader or a novice, the oldest piece of advice in economics still holds true: buy low and sell high. The challenge lies in determining the right time to purchase stocks that are undervalued or to sell those that are overpriced. There are plenty of signs to crack that code, but one of the clearest is the insiders’ trading patterns. The insiders are corporate officers, companies’ higher-ups, whose positions put them ‘in the know.’ Therefore, monitoring their trades, espec
( 42
min )
The Fed may signal a pause but it could take a "black swan event" to drive the US central bank to start cutting rates in 2023.
( 40
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Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.
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Portfolio managers at this week’s Morningstar Investment Conference named stocks within aerospace like Boeing, General Electric as well as luxury goods maker like LVMH.
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First Republic's share price closed Friday at $3.51, down 97% from the start of the year, and they continued to fall in after-hours trading
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A pair of homebuilders on the Fortune 500 list, No. 124 D.R. Horton and No. 267 PulteGroup, just reported a big drop in cancellation rates.
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JPMorgan and PNC Financial Services are among the banks bidding on assets of First Republic Bank. The FDIC could announce the results Sunday evening.
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(Bloomberg) -- For all the angst over US banking stress and a profit recession, none made it to the surface of the stock market in April. Most Read from BloombergFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts on First RepublicCalm prevailed, with the Cboe Volatility Index en
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(Bloomberg) -- At first blush, stock bulls on Wall Street have history on their side if the Federal Reserve’s aggressive policy-tightening campaign really is drawing to a close.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayJerome Powell Could Face More Opposition as Fed Choices Get TougherSigns Are Mounting That a Debt Crunch is LoomingTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’A Century-Old Dynasty Overhauls Its Billions in Rare M&A BetOver ei
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Large U.S. technology companies are powering the broader stock market higher and vindicating many growth-stock investors who got burned in tech shares’ tumble last year.
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(Bloomberg) -- Bitcoin’s bounce has paved the way for the type of six-figure price projections that peppered the pandemic-era crypto boom. The token’s ripening monthly streak puts history on the side of such bold optimists.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Says Repo Sh
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My child is in a low-paying job that puts them into a 0% or maybe a 10% marginal tax bracket. Isn't this a great time for them to max out a $6,000 Roth IRA contribution? We are considering a gift … Continue reading → The post Ask an Advisor: My Child Works a Low-Paying Job. Is ‘This a Great Time' for Them to Max Out a Roth IRA? appeared first on SmartAsset Blog.
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I am a retired veteran with no retirement accounts and I want to start investing with $30,000. I'd like some investing advice, but I'm finding advisors have minimum investment requirements, and I'm hesitant to work with a robo-advisor. Can you … Continue reading → The post I Have $30,000 to Invest. Will a Financial Advisor Work With Me? appeared first on SmartAsset Blog.
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Which is the best way to handle an individual retirement account (IRA)? Let it sit and earn money, then pay taxes on the withdrawals in retirement? Or roll it over to a Roth IRA? Should I pay the taxes now … Continue reading → The post Ask an Advisor: Help Me Understand the ‘Best Way' to Manage an IRA. Is It Better to Pay Taxes Now or in Retirement? appeared first on SmartAsset Blog.
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Some banks are offering bonus cash to consumers who open new accounts. These promotions trail the high-profile failure of several banks in March and the Federal Reserve's recent rate increases. New banking promotions may provide valuable incentives to new depositors. … Continue reading → The post Some Banks Are Offering Sign-Up Bonuses to New Clients, But These Perks May Expire Soon appeared first on SmartAsset Blog.
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(Bloomberg) -- Banks are saddled with bad loans, signaling trouble ahead in the US commercial property market, Berkshire Hathaway Inc.’s Charlie Munger told the Financial Times in an interview.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Says Repo Shortage Is Fueling Credit Losse
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(Bloomberg) -- Emerging-market bulls betting that China’s reopening would drive a year of asset outperformances are seeing their dreams turn into dust.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Says Repo Shortage Is Fueling Credit LossesThe benchmark gauge for developing-nation
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(Bloomberg) -- As the world’s major central banks near the end of their steepest rate-tightening campaign in decades, the harsh lessons of past policy errors will weigh heavily on decisions as to when and where borrowing costs peak.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Say
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The workplace isn’t going back to the way it was before COVID-19, and neither will real estate values for office space, according to a new report by Oxford Economics
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Shareholder proposals asking U.S. banks to phase out financing of new fossil fuel projects garnered weak support from investors.
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Economic growth has slowed, but inflation remains persistent in key areas, raising concerns that the Fed’s balance-sheet size could force the Fed to take rates even higher.
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Construction employment is higher than ever despite rising interest rates—undermining bets the Fed will soon pivot.
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Most companies have surpassed Wall Street’s earnings expectations for the quarter.
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Biden administration officials won’t disclose contingency plans, but the historical record offers clues on preventing financial and economic chaos.
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(Bloomberg) -- Investors have had plenty to cheer this earnings season so far — resilient consumer spending, upbeat Big Tech results and confident economic outlooks from corporate executives. Yet, the stock market is not reflecting the optimism.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&
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Waves of money printing have turned banks into "drug addicts" reliant on cheap cash to stay afloat, one of the world's top central bankers has warned.
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Buying and selling foreign exchange (forex) is a fascinating topic. It includes knowing what to buy and sell and when to buy and sell it.
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The company has made only limited inroads in the Indian smartphone market, leaving plenty of room for gains.
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The financial weather looks unsettled, writes Jacques Cesar, but there's little reason to believe we're entering a secular bear market.
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Here is your Pro Recap of the biggest head-turning deal dispatches you may have missed this week: a shocking block for the Microsoft-Activision buyout in the U.K.; a scramble to save the failing First Republic Bank; a multibillion-dollar deal for Carrier Global; and ' response to an unsolicited bid from an activist investor. Shares of Activision Blizzard (NASDAQ:ATVI) plummeted more than 11% on Wednesday after the United Kingdom's Competition and Markets Authority (CMA) issued an order blocking Microsoft's (NASDAQ:MSFT) $68.7 billion pending acquisition of the company.
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Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla’s lofty capex and labor law violations; the end of the Chevy Bolt at GM; a muddy lawsuit for Rivian; layoffs at Stellantis; and Mullen's probe into "improper trading" in its shares.
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At its peak in the early 2000s, the North Sea oil and gas industry, centred on Aberdeen, delivered over 2.7m barrels of oil daily – a heady 3.6pc of global production. North Sea gas fields provided the equivalent of another 1.8m barrels on top of that.
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Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.
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The monetary conditions index (MCI) offers a tool for economies to gauge the relative ease or tightness of monetary conditions over time.
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Here’s a list of the most popular listed companies that went private in recent decades.
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The workplace isn’t going back to the way it was before COVID-19, and neither will real estate values for office space, according to a new report by Oxford Economics
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Learn how to evaluate the legitimacy of target prices and why investors should trust them over ratings.
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Acceptance sampling is a statistical quality-control measure that lets a company determine the quality of a product lot by testing randomly selected samples.
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Buying and selling foreign exchange (forex) is a fascinating topic. It includes knowing what to buy and sell and when to buy and sell it.
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A mortgage broker is an intermediary who can help you choose the best direct lender for you and get your loan application through the process.
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Lenders will compete for your home equity loan business, but is there an advantage to borrowing from the one that already holds your primary mortgage?
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The Level I exam for the Chartered Financial Analyst (CFA) designation can be challenging. Here's what to expect.
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Regelmatig duikt NU.nl in een klimaatgerelateerde vraag. Deze keer gaan we dieper in op de term 'klimaatneutraal'. Bedrijven en overheden gebruiken het woord en we vinden het ook steeds vaker terug op labels van spullen en bij diensten. Maar wat houdt het precies in?
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Vandaag is de laatste dag om belastingaangifte te doen (tenzij je uitstel aanvraagt). Voor wie last minute aan de slag moet, hebben we vijf tips. Waar moet je dit jaar op letten bij de aangifte inkomstenbelasting en waarmee kun je makkelijk geld besparen?
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Slechts een kleine minderheid van de asielzoekers in Nederland komt aan een baan. Dat komt onder meer doordat ze maar 24 weken per jaar mogen werken, waardoor werkgevers afhaken. Maar er zijn nog meer obstakels waardoor tienduizenden asielzoekers niet werken.
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Standard Chartered's Geoff Kendrick is bullish on Bitcoin regardless, even as Warren Buffett calls it a "gambling token."
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A bidding process for the bank's assets could conclude as soon as Sunday. The FDIC would simultaneously place First Republic into receivership.
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Rev. Al Sharpton's National Action Network is demanding communication from the McDonald's Corporation regarding accusations of racial discrimination.
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"With capital controls, it would be difficult for the [yuan] to become a viable international currency," economist Stephen Jen told Insider.
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JPMorgan is leading the charge to buy First Republic as it prepares to enter receivership, per The Wall Street Journal, unlike its approach with SVB.
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(Bloomberg) -- Over the past century, the Viessmanns built one of the world’s biggest fortunes with a manufacturing empire spawned from a small workshop in the German state of Bavaria.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetSigns Are Mounting That a Debt Crunch is LoomingThe bill
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If you save up $6 million by age 50, you'll position yourself for a long, comfortable retirement. However, you'll still need to navigate taxes, income calculations and economic forces, all of which can create financial pressure during your golden years. … Continue reading → The post Is $6 Million Enough to Retire at 50? appeared first on SmartAsset Blog.
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(Bloomberg) -- The biggest swings in bonds in more than a decade this year are a fresh challenge to the time-honored 60/40 investment strategy.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’A Century-Old Dynasty Overhauls Its Billions in Rare M&A BetUkraine Latest: Medvedev Floats Ending Diplomatic Ties to PolandHolding 60% of portfolios in stoc
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When choosing where to set aside money for retirement, you need to weigh your options carefully. You're likely going from one main income source to multiple smaller income sources when you retire. You may also want buy some security for your … Continue reading → The post Life Insurance vs. Roth IRA: Retirement Guide appeared first on SmartAsset Blog.
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Finding an online brokerage firm to use for your personal investment can be intimidating. There are many options out there, and it isn't all about picking the option with the most bells and whistles - you have to choose the … Continue reading → The post Webull vs. Charles Schwab appeared first on SmartAsset Blog.
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While other investment and savings vehicles may get higher returns, few are as reliable as the certificate of deposit. CDs are traditionally safe, solid investments. Let's take a look at common ways to invest in them and add them to … Continue reading → The post How to Invest in CDs appeared first on SmartAsset Blog.
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Mobileye shares fell steeply this week after the autonomous vehicle chipmaker cut its full-year guidance, citing weakness in China’s electric vehicle (EV) market.
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New Jersey’s state pension sold all its First Republic stock in the first quarter, a period that saw shares crater, and ahead of the April drubbing.
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Here is the latest on Silicon Valley Bank’s collapse and the fallout that came next.
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Bankrate.com senior industry analyst Ted Rossman discusses the evolution of "buy now, pay later" and the risks posed to consumers.
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The EV tycoon is taking a path that has been fraught for other car companies; he maintains he can pull off a twist.
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With the S&P 500 in the longest bear market since 1973, individual investors are maneuvering differently from just months ago.
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On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city's inaugural web3 festival was underway. Most had flown in from mainland China, but many others had trekked from Singapore, Japan, Indonesia, Thailand and even the U.S. to see what the city had to offer to crypto ventures at a time regulation over digital assets is intensifying in the U.S. In February, Hong Kong proposed a set of welcoming rules to regulate crypto-related activities.
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International Business Machines stock is in the red so far this year, but the company just marked 28 straight years of dividend increases.
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(Bloomberg) -- The Federal Deposit Insurance Corp. has asked banks including JPMorgan Chase & Co. and PNC Financial Services Group Inc. to submit final bids for First Republic Bank by Sunday after gauging initial interest earlier in the week, according to people with knowledge of the matter.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFirst Republic’s Fate Uncertain After Stock’s Harrowing DropFed Seeks Stronger Bank Rules While Detailing Oversight LapsesStr
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(Bloomberg) -- Twitter co-founder Jack Dorsey — once a supporter of Elon Musk’s $44 billion acquisition of the site — is now offering sharp criticism of the new owner and his handling of the deal.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetSigns Are Mounting That a Debt Crunch is Loo
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Its shares have collapsed by more than 90pc over the last decade, it has been through a string of scandals, paying out billions in fines, and it chews up chief executives even faster than the UK gets through Prime Ministers.
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Consumption growth of 3.7% offset declines elsewhere, according to GDP report. Plus, investment newsletter commentary on CRE distress, gold’s bull run, and broker/dealer stocks.
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Markets have been on a rollercoaster ride and uncertainties around the global economy are mounting. Here's what El-Erian sees ahead.
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Big banks including JPMorgan Chase and PNC Financial Services Group are vying to buy First Republic Bank in a deal that would follow a government seizure of the troubled lender.
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(Bloomberg) -- First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet ended with the lender’s fate in limbo.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyStrong Earnings Lift Stocks as Bank Concerns Loom: Markets WrapFed Seeks Stronger Bank Rules While Detailing Oversight LapsesFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud C
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A Florida federal judge presiding over Disney's lawsuit against Gov. Ron DeSantis is recusing himself from the case due to a conflict of interest.
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The off-price retail giant is well positioned to pick up a portion of former Bed Bath customers, and may profit from buying deeply discounted merchandise in the event of a liquidation.
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The rapidly expanding digital advertising industry is leading a shift towards content and demanding forced innovation.
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Buying and maintaining an investment property has several advantages, but you should know what the challenges might be before you purchase a rental house with a pal.
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The Federal Deposit and Insurance Commission wants to receive all bids for First Republic by Sunday with JPMorgan and PNC said to be leading the chase.
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There's a lot to consider when contemplating paying cash for a home versus financing it with a mortgage. Here are some of the major differences.
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Mobileye shares fell steeply this week after the autonomous vehicle chipmaker cut its full-year guidance, citing weakness in China’s electric vehicle (EV) market.
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RyanAir annuleert komende zondag en maandag zes vluchten van en naar Eindhoven Airport. Transavia schrapte eerder zeker twintig vluchten in de meivakantie waardoor duizenden vakantiegangers werden gedupeerd.
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De Europese Commissie en een vijftal oostelijke lidstaten hebben een akkoord bereikt over de import van Oekraïens graan naar de Europese Unie. In Polen, Hongarije, Slowakije, Bulgarije en Roemenië leidde het Oekraïense graan tot gemor onder boeren.
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Brussel heeft nieuwe regels afgesproken voor de handel in digitale valuta. Zo moeten bedrijven duidelijker zijn over de risico's voor beleggers en moeten ze een vergunning aanvragen. Ook wordt handel met voorkennis verboden. Toch is er ook kritiek.
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Een recordaantal Nederlanders gaat dit jaar belastingaangifte doen. Dat moet in principe voor 1 mei. Wel kun je net als twee miljoen anderen uitstel aanvragen. Een hoge boete krijg je niet gauw als je te laat bent, maar mogelijk moet je wel rente betalen.
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Federal Reserve officials have indicated they expect interest rates to stay elevated through year end. That’s not what the stock market expects.
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A sideways market should favor individual issues, not index funds. Look for companies with expanding margins, competitive moats.
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OpenAI, the startup behind the widely used conversational AI model ChatGPT, has picked up new backers, TechCrunch has learned. VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global picking up new shares, according to documents seen by TechCrunch. A source tells us Founders Fund is also investing.
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Artificial intelligence like Microsoft-powered ChatGPT is a primary reason stocks up this year. As a result, stock market is being powered by the narrowest stock leadership since the 1990s.
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The Federal Reserve's next meeting begins May 2 and its decision on rate hikes is due on May 3. Here are the other Fed Meetings in 2023
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The SEC had a very different take on the second biggest cryptocurrency back in 2018, according to Gary Gensler.
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Hefty debt and caring for loved ones are weighing on the nation's largest population group, according to a new poll.
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The consumer health company features a range of leading brands, a relatively cheap valuation, a solid balance sheet, consistent earnings, and a healthy dividend yield. It’s no tech unicorn, a good thing in 2023.
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Lyft proudly announced just a year ago that employees could “work from the office, at home, or any combination of the two.”
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The bank’s pro-office memo was instantly ripped apart by workers calling it “tone deaf” and “divisive.”
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Gone are the days of series I savings bonds paying almost 7% in interest. The U.S. Treasury announced Friday that the inflation-protected bonds would start paying investors 4.3% on May 1, down from the 6.89% that they've paid out over … Continue reading → The post Interest Rate for Series I Savings Bonds Falls to 4.3%: Here's What it Means appeared first on SmartAsset Blog.
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From artificial intelligence to extraterrestrial life, Tesla Inc. CEO Elon Musk discussed a wide range of topics during his Fox News interview with Tucker Carlson. He also touched on commercial real estate — and the message is pretty dire. “We really haven’t seen the commercial real estate shoe drop. That’s more like an anvil, not a shoe,” Musk said. “So the stuff we’ve seen thus far actually hasn’t even – it’s only slightly real estate portfolio degradation. But that will become a very serious
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The fixed-rate portion of the I bonds rises to 0.9%, up from 0.4%.
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Comcast says his stock options and grants were forfeited upon his termination.
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Eventually investors have to face reality: There are downsides to cutting costs and laying off staff.
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Nvidia (NASDA:NVDA) has been on a remarkable run this year, with its shares surging by an impressive 89% year-to-date. The chip giant’s success can largely be attributed to this year’s hottest trend: Generative AI. The company is widely recognized as a leader in the field and seen as one set to benefit from increased adoption of the tech. In fact, with a view to next month’s F1Q earnings (May 24), Morgan Stanley analyst Joseph Moore thinks all the hoopla around AI should result in a strong repor
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The Federal Reserve is poised to deliver what's expected to be another small rate increase Wednesday. Here's what that could mean for your savings and your debts.
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W.P. Carey Inc (NYSE: WPC) reported Q1 2023 revenue (including reimbursable costs) increase of 22.8% Y/Y to $427.8 million, beating the consensus of $406.24 million. Real Estate revenues (including reimbursable costs) rose 24.2% Y/Y to $427.4 million on higher lease and operating property revenues. Adjusted funds from operations (AFFO) declined 3.0% Y/Y to $1.31 per share due to lower Investment Management earnings. The company witnessed an investment volume of $177.8 million in Q1 and $565.7 mi
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U.S. Bancorp stock continues sliding, and Alan Colberg, the regional bank’s newest director, scooped up shares.
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Surprise visits, probes and detentions come just months after Beijing’s open-for-business message to global investors.
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A new Goldman Sachs report identifies 116 companies vulnerable to activist action, including Best Buy, Robinhood Markets, and 3M.
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Air-travel demand is back with a vengeance, but so are operators’ costs. And all that demand doesn’t mean as much if airlines don’t have the capacity to put butts in seats.
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First Republic Bank plunged to a record low as investors sorted through rescue scenarios, none of which is likely to be good for current shareholders.
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The internet infrastructure company has struggled lately, falling about 48% over the last 12 months.
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First Republic Bank (NYSE: FRC) is under the government's scanner for rescue as the private sector delays settlements. "U.S. officials are coordinating urgent talks to rescue FRC, as private-sector efforts led by the bank's advisers have yet to reach a deal," reported Reuters, citing sources familiar with the situation. Recently, FRC announced a decline in deposits and revenue for the first quarter and said it would reduce its workforce by 20-25%. Also Read: First Republic Bank Shares Sink Anoth
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The once high-flying bank has seen shareholders flee as concern mounts that the FDIC may have to step in.
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The downtrodden stock jumps on better-than-feared results, but lots of work lies ahead.
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The new rate, applying for the next six months, is 4.3%, down from 6.89%, due to lower inflation.
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(Bloomberg) -- First Republic Bank shares were halted repeatedly after dropping as much as 35% following a report from CNBC that the most likely outcome of rescue talks is for the Federal Deposit Insurance Corp. to take the lender into receivership.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y
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(Bloomberg) -- Oil demand will continue to increase, helping send crude prices to $80 to $100 a barrel later this year, according to the incoming chief executive officer of Pioneer Natural Resources Co.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFirst Republic’s Fate Uncertain After Stock’s Harrowing DropFDIC Asks JPMorgan, PNC for Final First Republic Bids Due SundayFed Seeks Stronger Bank Rules While Detailing Oversight LapsesEurope Is Waking Up to Threat
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From First Republic to Fallen Republic in a matter of weeks – no one said running a bank during a period of massive economic turmoil was easy.
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I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.
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(Bloomberg) -- Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation that President Alberto Fernandez pledged would never happen.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting P
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The global economy has been sending mixed signals recently. On one hand, the US inflation rate dropped to 5% in March, marking its lowest point since May 2021, and China has shifted its strategy away from strict zero-COVID policies. Moreover, the world’s supply chains have managed to adjust to the impact of Russia’s invasion of Ukraine. On the other hand, interest rates remain high, and there are concerns about the possibility of a recession. In addition, the US banking sector is still feeling t
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(Bloomberg) -- US equity futures fell with stocks, as a rally in tech stocks lost steam and persistent inflationary pressures cemented expectations of further interest rate hikes in the US and Europe. Treasuries advanced.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Ave
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Fears of a default already have been felt in the market for what’s supposed to be the safest investment on the planet: U.S. Treasury bills.
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Investors in the online retailer have had to deal with maddening swings in reported income because of volatility in Rivian stock.
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A gusher of cash and a richly priced stock could steer the supermajor toward a deal.
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I'm 63 and have zero retirement, just Social Security benefits. How can I begin saving? And where can I begin investing this late in the game? -Rita Saving for retirement is certainly easier and has a greater impact on you … Continue reading → The post Ask an Advisor: I'm 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game'? appeared first on SmartAsset Blog.
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When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.
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When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
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When inflation surges and cash loses its purchasing power, retirees' hard-earned savings suddenly don't go as far as they expected. Inflation may also lead to widespread salary increases, but retirees typically don't benefit from wage growth because they've already left … Continue reading → The post How Important Is Social Security to Retirees in U.S. Cities? 2023 Study appeared first on SmartAsset Blog.
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The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.
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Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.
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(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. are reaping profits not seen since oil topped $145 a barrel in 2008 — almost twice the current price.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Average US VehicleAmazon Jolts Investors With Talk of Cloud Growth Slowd
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Caterpillar Inc., the Fortune 500 maker of the familiar yellow heavy-duty construction and industrial equipment, relocated its global headquarters to Irving in 2022, continuing a long pattern of corporate migration to North Texas.
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Chevron and Exxon reported impressive earnings, driven by Russia's war in Ukraine. Investors are looking for the next catalyst.
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(Bloomberg) -- Short sellers have ramped up bets against commercial mortgage REITs, wagering that more borrowers will default on office debt as interest costs increase and property values fall.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Average US VehicleAmazon Jolts
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As some 30,000 Berkshire Hathaway investors prepare to gather in Omaha for the company’s annual meeting, there is plenty of reason for enthusiasm—and not just because CEO Warren Buffett seems as sharp as ever at 92.
( 22
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Amazon's mention of slowing revenue growth in its Amazon Web Services unit hit shares hard but analysts see reason to be positive.
( 22
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(Bloomberg) -- First Republic Bank’s membership in the S&P 500 Index could be in jeopardy after the troubled bank’s stock set a new all-time low on Wednesday that briefly pushed its market capitalization below $1 billion. Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Av
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The company's adjusted earnings were $2.83 a share, compared with a consensus of $2.60 on FactSet.
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Uber Technologies, one of the world’s biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.
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(Bloomberg) -- Shares of First Republic Bank rose in pre-market trading as the US banking industry and regulators hash out possible paths forward for the troubled regional lender.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growth Slows to
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It was more than the SVB bank run that put First Republic in a vulnerable position, an analyst says.
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Exxon Mobil and Chevron collectively posted $18 billion in quarter profits, showing resilience even as oil and natural-gas prices declined.
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AMD is expected to report a 10% decline in revenue and an 83% plunge in net income as semiconductor sales fall and data center revenue growth slows.
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Amazon hit by outlook for cloud business, House investigating SVB collapse, and other news to start your day.
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(Bloomberg) -- Exxon Mobil Corp. posted its strongest-ever start to a year as oil production soars from new wells in the US and off the coast of South America.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growth Slows to 1.1% While Inflatio
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The bank initiated coverage of the stock with a buy rating and a $430 price target, implying 40% potential upside.
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U.S. stock futures fell early Friday as investors digested disappointing tech earnings and looked ahead to the Federal Reserve’s preferred inflation metric later in the day.
Futures on the Dow Jones Industrial Average slipped 0.5%, or 163 points, lower ahead of the open, while S&P 500 futures were
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(Bloomberg) -- Snap Inc. is set for its biggest intraday share drop in more than six months after reporting a decline in quarterly revenue following major changes to its advertising tools. Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growt
( 39
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Officials from the U.S. government, Federal Reserve, and Federal Deposit Insurance Corporation are coordinating meetings to provide a lifeline to the bank, according to a report.
( 22
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The chip company's first-quarter earnings beat expectations, but market watchers want more.
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(Bloomberg) -- Sony Group Corp. offered a worse-than-expected profit outlook for the current fiscal year, signaling caution about the impact of the global consumer spending slump on its entertainment businesses.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyTesla Drops Model Y Starting Price Below the Average US VehicleFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinUS Economic Growth Slows to 1.1% While Inflation Accel
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Companies expected to raise their dividends at a double-digit pace could be sturdy stocks in a slowing economy. Here are five name to consider.
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Big-box retailers spent the better part of the 2010s trying to enter urban markets. The economics can make it hard for them to stay there.
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U.S. equities closed out the day, week, and month with gains on April 28. 2023, boosted by solid earnings reports.
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Coming up next week: more earnings, jobs reports, May FOMC meeting, Berkshire Hathaway's annual shareholder meeting
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The demands of bellwether ultra-wealthy clients are changing. Here's what to expect and how to adjust your practices.
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Mortgage interest rate movement was pronounced on Thursday with all but one rate term increasing by double digits. The flagship 30-year mortgage rate is once again flirting with the 7% threshold breached earlier in April.
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The difference between a recourse and a non-recourse loan is relevant only if the borrower defaults on the payments.
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The Federal Deposit and Insurance Corp. released a report detailing its supervision of the failed Signature Bank. Regulators cited "bad management" as the cause of the bank's demise.
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Maintaining health insurance is essential to protecting your health and finances. If you missed open enrollment, you can still get coverage. Here’s how.
( 22
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Whether you stay with Original Medicare or choose a Medicare Advantage plan depends on how much you value flexibility versus cost and other factors.
( 22
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A balloon loan is a loan with low monthly payments, followed by a large final payment to repay the remaining balance at the end of the term.
( 23
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The Federal Reserve is poised to deliver what's expected to be another small rate increase Wednesday. Here's what that could mean for your savings and your debts.
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For individuals with larger families, supplemental life insurance may bridge the shortfall in coverage from term or whole-life policies.
( 22
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Passive income is earned with little to no effort whereas residual income is passive income with different meanings depending on the context.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.
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Zero-interest loans are not always the no-loss deal they seem to be.
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An underwriter is any party that evaluates and assumes another party’s risk for a fee in the form of a commission, premium, spread, or interest.
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Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.
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People are spending more on gas and housing, and less on just about everything else, a chart of consumer spending data shows.
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Federal Reserve releases report on Silicon Valley Bank failure, blames management, regulator and social media.
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The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.
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A grace period is a set amount of time a payment can be delayed without a penalty being imposed. Read about grace periods for credit cards and home mortgages.
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Pandemic Unemployment Assistance (PUA) temporarily expanded unemployment insurance to freelancers, independent contractors, and the self-employed.
( 24
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Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.
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The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.
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Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.
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Indemnity is compensation for damage or loss through insurance. When it is used in the legal sense, indemnity may also refer to an exemption from liability for damage.
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Bitcoin and other cryptocurrency investments may be available through 401(k) plans and individual retirement accounts (IRAs), though access may depend on the plan provider.
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The average monthly cost of flood insurance in Florida is about $660 per year. Learn how and where to find the best deal on coverage.
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Correspondent and intermediary banks both act as facilitating third parties during certain transactions, but the differences between the two are significant.
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The media demonizes naked short selling, but it usually occurs after a collapse, not before.
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Find out how dividends affect the underlying stock's price, market psychology, and how to predict price changes after dividend declarations.
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Starbucks is expected to follow record sales in the fourth quarter with a decline in revenues, despite the China reopening.
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Uber Technologies, one of the world’s biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.
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AMD is expected to report a 10% decline in revenue and an 83% plunge in net income as semiconductor sales fall and data center revenue growth slows.
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Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.
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Although they are both used as cash equivalents when giving presents, a prepaid card—technically, a prepaid debit card—can be refilled and used repeatedly, while a gift card is generally only used once (or until the dollar amount is exhausted).
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ChatGPT is weer te gebruiken in Italië, maakt ontwikkelaar OpenAI vrijdag bekend. De chatdienst ging uit de lucht na kritiek van de Italiaanse privacytoezichthouder.
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In de VS is opnieuw een middelgrote bank in financiële moeilijkheden gekomen. Het gaat om First Republic, een regionale bank waar klanten de voorbije maanden massaal hun geld hebben weggehaald. Autoriteiten en marktpartijen zouden nu naar een mogelijke reddingsactie kijken, omdat anders een ondergang dreigt.
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Luchtvaartmaatschappij Transavia schrapt ook in mei en juni vluchten vanwege problemen met sommige toestellen. Om hoeveel vluchten het gaat, is nog niet duidelijk. Waar mogelijk wil Transavia vluchten omboeken of zorgen voor een alternatief.
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Dit jaar krijgt de overheid fors minder geld binnen uit snelheidsboetes dan verwacht. Mede door uitval van en onderhoud aan flitspalen en trajectcontroles voorziet het kabinet dit jaar een tegenvaller van 149,7 miljoen euro. Daarom worden boetes in 2024 met 10 procent verhoogd.
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Zeker tweeduizend passagiers van Transavia die hun vlucht niet zien vertrekken, hebben hierover een claim ingediend. De compensatie voor de annulering van hun vlucht kan oplopen tot honderden euro's, geven claimorganisaties aan. Daar kunnen ook nog extra onkostenvergoedingen bij komen.
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Zorgmedewerkers die door het postcovidsyndroom arbeidsongeschikt zijn geraakt, kunnen een eenmalige vergoeding van 15.000 euro krijgen. Het gaat om mensen die in de eerste coronagolf in 2020 voor coronapatiënten hebben gezorgd en daardoor zelf ook ziek zijn geworden.
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Na een moeizaam einde van 2022 hebben de economieën van Duitsland, Frankrijk en de Europese Unie als geheel een recessie toch afgewend. In de cijfers over het eerste kwartaal krompen hun economieën namelijk niet meer.
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De FNV heeft een ultimatum gekregen van het eigen personeel. Onderhandelingen over een hoger loon zijn vastgelopen. De vakbond moet voor maandag op de Dag van de Arbeid op eisen van werknemers ingaan, anders volgen vanaf dinsdag stakingen. Het personeel wil dat lonen meestijgen met de inflatie.
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Na een moeizaam einde van 2022 hebben de economieën van Duitsland, Frankrijk en de Europese Unie als geheel een recessie toch afgewend. In de cijfers over het eerste kwartaal krompen hun economieën namelijk niet meer.
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Het moederbedrijf van verzekeringsmaatschappijen Promovendum en Besured heeft een boete van 2,5 miljoen euro gekregen. Volgens toezichthouder AFM gaf het bedrijf onduidelijke, onjuiste en misleidende informatie aan klanten.
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De groei van de Duitse economie is in het eerste kwartaal van dit jaar gestagneerd. Economen hadden op een groei van 0,2 procent gerekend, maar het bruto binnenlands product bleef precies hetzelfde ten opzichte van een kwartaal eerder.
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Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.
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Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.
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Door de afkoelende economie en stijgende hypotheekrentes kunnen huizenprijzen "onrustwekkend hard" gaan dalen. Daarvoor waarschuwt het Internationaal Monetair Fonds (IMF), dat stelt dat de prijzen nu in veel Europese landen nog 15 tot 20 procent te hoog liggen.
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Sony heeft in de eerste drie maanden van dit jaar 6,3 miljoen PlayStation 5-spelcomputers verkocht. Dat zijn er drie keer zoveel als in het eerste kwartaal van 2022. Toen kon het bedrijf door tekorten aan onderdelen minder gameconsoles maken.
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Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.
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Het chiptekort van de afgelopen jaren is bij chip- en processorfabrikant Intel omgeslagen in een chipoverschot. De verkoop van chips is flink gedaald. Daardoor groeit de voorraad, met slechte omzet- en winstcijfers als gevolg.
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Internetbedrijf Amazon heeft de omzet uit de verkoop van advertenties met 21 procent zien stijgen in de eerste drie maanden van dit jaar. Kunstmatige intelligentie helpt het techbedrijf om nog gerichter reclames aan te bieden. Adverteerders zijn bereid om daar meer voor te betalen.
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In mei en juni krijgen miljoenen Nederlanders vakantiegeld, maar inmiddels krijgt de helft van de werknemers een vakantietoelage via een individueel keuzebudget. Velen gebruiken het extraatje voor achterstallige rekeningen of grote uitgaven. Of zijn er slimmere bestemmingen?
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Most financial experts think that the market won’t be able to keep going up for long this year. Against a backdrop of a looming recession, most financial commentators are talking up the prospect of more uncertainty ahead. But not everyone. In fact, the strategy team at Bank of America believes there are plenty of reasons for owning stocks right now. Market sentiment is resolutely bearish, and a recession is practically accepted by everyone – both offering a chance for a contrarian take. And ther
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Anheuser-Busch plans to spend "heavily" on a Bud Light marketing campaign after the brand was battered for its partnership with trans activist Dylan Mulvaney, according to a report.
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(Bloomberg) -- Amazon.com Inc., having reported strong quarterly sales in its cloud-computing division, jolted investors when executives revealed that revenue growth in the unit slowed so far in April. The shares erased a jump of almost 12%.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export of Chip Ch
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(Bloomberg) -- Intel Corp., the biggest US chipmaker, slid in late trading after predicting a steeper loss than expected, signaling that its turnaround effort remains on shaky ground. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export of Chip Chemicals to ChinaASML, Europe’s Most Valuable Tech Firm, I
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Amazon on Thursday reported a continuing slowdown in its cloud computing unit AWS but stronger than expected revenue and profits for the first quarter sent its stocks higher in after-hours trading. Amazon too has been cutting its expenses amid sluggish online sales and concerns over whether the U.S. will dip into a recession.
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Advisors Catherine Chase and Wendi Doyle had worked at First Republic since 2015.
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Here are three potential scenarios for the troubled San Francisco bank as it struggles to stay afloat.
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“Ms. Javice faces numerous impending deadlines for which she is incurring substantial expense,” said Michael Barlow, an attorney with law firm Abrams & Bayliss, in a recent letter to the judge.
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(Bloomberg) -- Coinbase Global Inc. is making a last-ditch effort to dissuade the SEC from suing the firm, including sending a not-so-subtle reminder that it won’t be easy to take down. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyGermany in Talks to Limit Export of Chip Chemicals to ChinaSingapore Hikes Property Tax, Doubling
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“This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.
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(Bloomberg) -- Wall Street traders see good reasons to short First Republic Bank anew as the standoff grows between the US government and the banking industry. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyGermany in Talks to Limit Export of Chip Chemicals to ChinaSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%T
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Wall Street is betting that the US is about to fall into a recession and inflation will drop off a cliff. The actual economy points to the opposite.
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The US economy is already in recession, economists have warned after official figures revealed activity slowed sharply at the start of this year, dealing a blow to Joe Biden’s re-election campaign.
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The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hathaway is sit
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An acquisition of the beleaguered bank could carry costs well beyond the initial sticker price.
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AWS could shine if Google and Microsoft are anything to go by. Whether that's enough to boost the stock remains to be seen.
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The chip maker has embarked on cutting costs while pursuing a pricey turnaround effort.
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First-quarter sales for the anti-inflammatory drug fell 25% from a year ago on a reported basis.
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(Bloomberg) -- The US economy was slowing even before the brunt of any credit crunch stemming from the recent bank failures, while inflation accelerated, highlighting the enormous challenge faced by the Federal Reserve.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Germany in Talks to Limit Export of Chip Chemicals to ChinaNetflix Spa
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Workers’ financial confidence for retirement takes the steepest drop since 2008, a survey finds.
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The carrier said it expects "solid profits" in the second quarter as it flagged strong leisure demand heading into the summer travel season.
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Valero Energy Corporation (NYSE: VLO) reported Q1 2023 revenues of $36.4 billion, beating the consensus of $35.4 billion. Operating income rose significantly to $4.0 billion from $1.4 billion a year ago. The Refining segment's operating income rose to $4.1 billion from $1.5 billion a year ago, with throughput volumes averaging 2.9 million barrels daily. Operating income at the Renewable Diesel segment came in at $205 million vs. $149 million in the prior year, with sales volumes averaging 3.0 mi
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Caterpillar Inc (NYSE: CAT) reported first-quarter FY23 adjusted earnings of $4.91 per share, compared to $2.88 a year ago, beating the consensus of $3.78. Revenues for the quarter rose 17% year-over-year to $15.9 billion, beating the consensus estimate of $15.25 billion. The increase was due to favorable price realization and higher sales volume, partially offset by unfavorable currency impacts primarily related to the euro, Japanese yen, and Australian dollar. Adjusted operating profit margin
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Self-driving-technology firm Mobileye reported strong first-quarter earnings. But its disappointing outlook was a problem.
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There’s been a lot of buzz lately about the US potentially heading towards a recession this year. That’s a serious issue, and it should prompt investors to start getting creative in portfolio allocation. One idea is to take advantage of growth-oriented sectors – and to start thinking globally for where to find them. Banking giant Goldman Sachs has done much of the footwork, and the firm’s chief US equity strategist David Kostin has pointed out that China’s pullback from the zero-COVID lockdown p
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(Bloomberg) -- US economic growth slowed in the first quarter by more than expected as tepid business investment and a pullback in inventories tempered a pickup in consumer spending.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Netflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on Borrowing From FedQuants Are ‘Out of Ammo’ for Buying Stocks, Goldma
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Is there a point at which I should stop reinvesting stock dividends and invest the money or save the cash? -Anonymous Many financial experts recommend that you reinvest dividends most of the time – and I'm inclined to agree. The … Continue reading → The post Ask an Advisor: Should I Stop Reinvesting Dividends? appeared first on SmartAsset Blog.
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Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers … Continue reading → The post Where High-Earning Households Are Moving – 2022 Study appeared first on SmartAsset Blog.
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I turn 58 this year and am at a loss for what to do or how to plan for my retirement. I only have a small amount of money invested through previous employers, and I'm not sure how to save … Continue reading → The post Ask an Advisor: I'm Way Behind on Retirement Savings. What Do I Do? appeared first on SmartAsset Blog.
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Even people who love their job would most likely agree that its better not to work than to have to clock in every day. With that in mind, many Americans are looking to retire much earlier than the traditional age. … Continue reading → The post Can I Retire at 45 With $10 Million? appeared first on SmartAsset Blog.
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Bills for utilities, mortgages, auto loans and similar expenses usually arrive monthly, while many investments generate income only quarterly, annually or even less often. However, there are a number of assets that pay income on a monthly basis. Options include … Continue reading → The post 8 Best Investments to Generate Monthly Income appeared first on SmartAsset Blog.
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Crocs Inc. beat expectations in the first quarter.
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The self-driving technology company reported adjusted earnings per share of 14 cents. Wall Street was looking for 12 cents. But its outlook is the problem.
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STMicroelectronics NV (NYSE: STM) reported first-quarter FY23 revenue growth of 19.8% year-on-year to $4.25 billion, beating the consensus of $4.13 billion. Sales to OEMs increased by 17.5% Y/Y, and Distribution sales improved by 24.0% Y/Y. Automotive and Discrete Group (ADG) revenue rose 43.9% Y/Y to $1.81 billion. Analog, MEMS, and Sensors Group (AMS) revenue changed by (0.9)% Y/Y to $1.07 billion. Microcontrollers and Digital ICs Group (MDG) revenue grew 13.2% Y/Y to $1.37 billion. Margins: T
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The carrier's second-quarter earnings guidance comes in above analysts' expectations at it flags strong international travel demand.
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min )
The maker of Marlboro cigarettes posts adjusted earnings of $1.18 a share for its first quarter, matching analysts' expectations.
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“Every night I ask myself why all countries have to base their trade on the dollar,” the Brazilian President, Luiz Inacio Lula da Silva, said on a recent visit to China.
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Honeywell reports first-quarter earnings per share of $2.07 from $8.9 billion in sales. Wall Street was looking for earnings of $1.93 a share on sales of $8.5 billion.
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min )
Meta Platforms, the parent company of Facebook, reports better-than-expected first-quarter earnings and revenue, First Republic shares rise after two days of sharp losses, Roku posts a narrower-than-expected quarterly loss, and Amazon is scheduled to report earnings after markets close Thursday.
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Some banks may be benefiting from the flight of First Republic’s investors and depositors.
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350 California Street was worth $300 million four years ago. It might sell for 80% less now, brokers say, in a market where office vacancy rates have soared.
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CEO Andy Jassy has said the company is facing one of its toughest challenges in recent memory as layoffs of 9,000 workers are set to be completed this month.
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(Bloomberg) -- The hedge fund that beat 99% of peers last year with a bearish stance on emerging markets says the selloff since February has proven its skepticism right and risky assets will face even bigger losses later this year.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Netflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on Borrowing From FedQ
( 40
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(Bloomberg) -- Confidence is in short supply among Chinese investors these days, confounding analysts who say reasons to own the market are finally coming true. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%Netflix Spain Lost 1 Million Users Last Quarter, Kantar SaysQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Faces Potential Curb on Borrowing From FedThe MSCI China
( 40
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Deutsche Bank said its business held up well during March’s banking turmoil, with first-quarter profit rising 8% as it continued to benefit from rising interest rates.
( 26
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The chip maker will release first-quarter results after the market closes Thursday. Its shares have slid 36% in the past year.
( 23
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The parent company of social media platform Snapchat has struggled recently, but one analyst team sees sunnier skies ahead.
( 23
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Bitcoin rose above US$29,000 on Thursday morning in Asia, rebounding from an earlier drop. Ether gained. Other top 10 non-stablecoin tokens traded mixed.
( 40
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(Bloomberg) -- The fate of First Republic Bank has become a game of chicken between the US government and the lender’s largest rivals, with both sides seeking to avoid steep losses and hoping the other will save the troubled firm. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on Borrowing From FedXi Speak
( 41
min )
In Meta's Q1 earnings call, CEO Mark Zuckerberg fights back against claims the company is abandoning the metaverse.
( 40
min )
Goldman Sachs has advised investors to buy energy and mining stocks, saying the two sectors are positioned to benefit from economic growth in China
( 41
min )
America's largest crypto exchange claims the Securities and Exchange Commission (SEC) is pressuring it to overhaul its entire customer-facing operation.
( 17
min )
Southwest (LUV) shares dropped after first quarter results revealed a lingering impact from the airline's messy holiday season.
( 16
min )
Amazon (AMZN) shares jumped over 6% in after hours trading following strong Q1 earnings beat driven by North American e-commerce and cloud revenue.
( 18
min )
Going back to school as an adult requires careful financial planning. Here's how to pay for it.
( 26
min )
Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.
( 36
min )
Prepaid college tuition plans allow you to pay tomorrow's tuition at today's rates. Find out how they work and which states still offer them.
( 25
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The Consumer Price Index For All Urban Consumers measures monthly change in U.S. consumer prices.
( 23
min )
Signed contracts for sales of existing homes dropped 5.2% through March.
( 17
min )
Banks are growing more tight-fisted with their loans to businesses, a warning sign that millions of workers could lose their jobs in the coming months.
( 16
min )
The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.
( 32
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Find out how the Kohl's credit card works and how shoppers can generate bigger savings throughout the year as a Kohl's cardholder.
( 23
min )
The Greeks, in the financial markets, are the variables used to assess risk in the options market. A Greek symbol is assigned to each risk.
( 26
min )
The producer price index is a monthly measure of change in the prices received by domestic producers.
( 25
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Bank guarantees reduce the loss if a transaction doesn't go as planned, while letters of credit ensure that the transaction proceeds as planned.
( 23
min )
See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.
( 17
min )
With Électricité de France SA in the top spot, these are the 10 biggest utility companies by revenue
( 22
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Studies have found disparate rejection rates for loans by race in the mortgage market and inequality in home equity.
( 24
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U.S. economic output grew at a slower pace in the first quarter, adding to signs that higher interest rates are dragging the economy toward a recession.
( 18
min )
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Newsletter to learn financial terms and their relevance to today's investing news.
( 10
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Trending topics of the month for educators, with useful material to share with students and use in lessons.
( 10
min )
Mortgage rate movement was a mixed bag, with most averages showing just minimal changes. The 30-year average rose slightly, while the 15-year average registered a fifth day of decline.
( 19
min )
The Energy Information Administration predicting a 35% jump in EV demand in 2023 after another record year, with an impact in oil demand.
( 16
min )
Homes in New York’s Hamptons have never been more expensive—because they’ve rarely been this tough to come by.
( 16
min )
A personal identification number (PIN) is a numerical code used in many electronic financial transactions, providing additional account security.
( 23
min )
Reizigers konden donderdagmiddag urenlang geen treinkaartje kopen via ns.nl of de NS-app. Het systeem kampte sinds 13.30 uur met een storing. Iets na 17.00 uur was de storing voorbij.
( 3
min )
Op het eiland Gough in de Zuidelijke Atlantische Oceaan is een vacature vrijgekomen voor vogelliefhebbers. De vacature is niet voor iedereen weggelegd: Gough staat te boek als een van de meest afgelegen eilanden ter wereld.
( 3
min )
Bouwbedrijf Strukton en ingenieursbureau Oranjewoud willen dat topman Gerard Sanderink permanent geschorst wordt als bestuursvoorzitter. In maart werd al gekozen voor een tijdelijke schorsing van drie maanden.
( 3
min )
In België zijn de prijzen in april 5,6 procent hoger dan een jaar eerder. Dat is een een lager inflatiecijfer dan in februari en maart. Wel blijven de prijzen van voedingsmiddelen nog hard stijgen bij onze zuiderburen.
( 3
min )
Bouwbedrijf Strukton en ingenieursbureau Oranjewoud willen dat oprichter Gerard Sanderink permanent geschorst wordt als bestuursvoorzitter. In maart werd al gekozen voor een tijdelijke schorsing van drie maanden.
( 3
min )
Transavia heeft voor vrijdag en zaterdag vluchten van en naar Eindhoven Airport en Rotterdam The Hague Airport geannuleerd. Daardoor zijn enkele duizenden passagiers gedupeerd. De luchtvaartmaatschappij zegt te weinig vliegtuigen klaar te hebben.
( 3
min )
Speelgoedmaker Hasbro heeft zijn omzet het afgelopen kwartaal zien kelderen. Het bedrijf achter Monopoly, Peppa Pig en My Little Pony laat daarom minstens duizend medewerkers vertrekken.
( 3
min )
Na de bestuursvoorzitter en de commercieel bestuurder vertrekt ook de financieel topvrouw van Plopsaland. Het bestuur van het Belgische pretparkbedrijf kwam in opspraak na berichten over grensoverschrijdend gedrag en een toxische werksfeer.
( 3
min )
Na een onrustig najaar heeft het Zweedse bedrijf Vattenfall weer een hogere winst geboekt. In de eerste drie maanden van het jaar hield de energieleverancier 11,8 miljard Zweedse kronen (ongeveer 1 miljard euro) over. Dat is bijna een verdubbeling ten opzichte van een jaar eerder.
( 3
min )
Twitter moet zich opmaken voor een zware tijd zodra nieuwe Europese regels voor sociale media ingaan. Dat zegt Eurocommissaris Vera Jourová. Ze beklaagt zich over de Russische propaganda op het platform en waarschuwt dat de Europese Unie daarvoor later dit jaar geen ruimte meer laat.
( 3
min )
Nederlandse bedrijven hebben in de eerste drie maanden van het jaar veel meer bestelbussen en trucks gekocht. Ze registreerden maar liefst 20 procent meer nieuwe bedrijfswagens dan een jaar eerder. Dat komt vooral doordat de leveringsproblemen door chiptekorten voorbij zijn.
( 3
min )
Unilever verkocht in de eerste maanden van 2023 iets minder producten, maar door flinke prijsverhogingen kwam er toch meer geld binnen. Het bedrijf achter Dove, Magnum, Calvé en De Vegetarische Slager verhoogde de prijzen begin dit jaar met 10,7 procent.
( 3
min )
Ondanks de hoge inflatie hoeven we ons geen zorgen te maken over hoge prijzen op de vrijmarkt. "Op Koningsdag werken we met ronde prijzen. Een keertje grabbelen verhoog je daarom niet zo snel met een paar centen."
( 3
min )
Travel insurance helps cover financial losses associated with illness, injury, accidents, flight or other transportation delays, and other issues that happen during a trip.
( 25
min )
An account inquiry is a review of an individual's credit or deposit accounts. It often occurs in connection with a loan application but can also be used for other purposes.
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min )
Buy now, pay later plans make it easy and convenient to pay for purchases. Learn how BNPL can affect your credit score.
( 25
min )
U.S. equities were mixed on April 26, 2023, as strong tech earnings were offset by concerns about banks and a possible recession.
( 16
min )
Credit quality can refer to individuals or entities such as bonds, companies, and governments. Credit scores and credit ratings are measures of credit quality.
( 21
min )
Credit reports and investigative consumer reports sound similar, but they contain different information about people and are used for different purposes.
( 22
min )
Debt relief involves the reorganization of a borrower's debts to make them easier to repay. It can also give creditors a chance to recoup at least a portion of what they are owed.
( 23
min )
First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.
( 17
min )
Find out which credit cards now reward you for your gasoline purchases.
( 22
min )
An automatic stay is a legal provision that temporarily prevents creditors from trying to collect money or seize property from debtors in bankruptcy.
( 22
min )
It's possible to get cash back or other rewards by using a credit card to pay your student loan debt. Here's how it works and whether it's worth it.
( 25
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The maximum loan-to-value ratio is the largest allowable ratio of a loan's size to the dollar value of the property that serves as collateral. It can vary depending on the loan program.
( 24
min )
The Bankruptcy Abuse Prevention and Consumer Protection Act BAPCPA is a 2005 law meant to reform the bankruptcy system in the United States.
( 23
min )
Interactive Brokers and TD Ameritrade have plenty of tools for advanced traders, but it's easier to get started at TD.
( 27
min )
Joint tenants with right of survivorship (JTWROS) is a type of property ownership giving co-owners survivorship rights upon another property owner’s death.
( 26
min )
Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.
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A limited recourse debt is a loan or other debt that gives the creditor certain specific claims on the borrower's assets in the event of default.
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The debit balance in a margin account is the amount that an investor owes their broker for money they borrowed from the broker to purchase securities on margin.
( 23
min )
Refinancing risk is the possibility that a borrower will not be able to replace existing debt with suitable new debt when they need to.
( 21
min )
Understanding how each kind of business insurance works can help you determine which coverage options can help protect your business.
( 24
min )
Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.
( 17
min )
What do lenders consider most important when they look at your credit report? And what other information will they want you to provide?
( 27
min )
SWIFT is the global standard for payment and securities trade transactions
( 25
min )
All non-jumbo mortgage averages dipped lower for a fourth consecutive day, while every jumbo rate average marked time.
( 18
min )
Mastercard will likely report a small pullback in profits as gross dollar volume (GDV) from purchases grew at a slower pace, as inflation deterred consumer spending.
( 17
min )
The debt limit could be raised, the government could run out of money and break the economy, or Biden could defy Congress
( 19
min )
U.K. regulator blocked Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard (ATVI) on Wednesday, hobbling the tech giant’s ambitions in the fast-growing European gaming market.
( 17
min )
Errors and omissions insurance (E&O) is a type of professional liability insurance that protects against claims of inadequate work or negligent actions.
( 25
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Form 1099-PATR, Taxable Distributions Received From Cooperatives is used to report distributions received from a cooperative that may have to be included in your taxable income.
( 23
min )
Crops woes, production shortage and supply limitations have placed upward pressure on food prices, complicating matters for global central banks.
( 21
min )
A floating interest rate is an interest rate that periodically adjusts up or down to reflect economic or financial conditions. It's tied to a benchmark rate or an index.
( 22
min )
A death cross is a chart pattern that occurs when a security's short-term moving average drops below its longer-term moving average.
( 23
min )
The right financial planning for professional athletes can turn short-term high earnings into a lifetime of steady income. Here's how it's done.
( 23
min )
Learn how fair market value is determined during a real estate appraisal and why market values are really decided by a professional opinion.
( 22
min )
A flexible spending account (FSA) is a type of savings account, usually for healthcare expenses, that sets aside pretax funds for later use.
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A communication industry ETF invests in securities in the communication sector, including telecommunications, media, and internet companies.
( 21
min )
AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.
( 17
min )
A personal loan allows you to borrow money and repay it over time. Here’s what a personal loan is, how it works, and how to use one.
( 26
min )
Microsoft and Alphabet shares surged after beating analyst estimates for earnings and revenue. Here’s what investors need to know today.
( 18
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Rising net interest income boosted earnings at key regional and mid-sized banks in the first quarter. But broad deposit withdrawals portend challenges ahead.
( 17
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Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.
( 18
min )
Business interruption insurance is a form of insurance coverage that replaces business income lost as a result of a business interruption event.
( 23
min )
Find out how to calculate the equity in your home, your home equity percentage, and the loan-to-value (LTV) based on the current market price.
( 26
min )
(Bloomberg) -- In 1984, Martin van den Brink, a young Dutch engineer, joined a newly created venture in a quiet corner of the Netherlands. Little did he know then that about 40 years on the company would be so crucial to the $580 billion semiconductor industry that it would be the epicenter of a US-China chip war.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Q
( 46
min )
The jobs market remains robust, and after hitting heights not seen during the last 40 years, it looks like inflation is cooling down. At the same time, there are still concerns a recession is on the way while the geopolitical landscape remains uncertain. However, weighing the positives against the negatives, Oppenheimer’s Chief Investment Strategist John Stoltzfus believes the economy’s display of strength spells good news for the stock market. “From our perch on the market radar screen the pote
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The delivery giant said it would finish setting up new technology in more than 900 U.S. buildings by October, two months earlier than planned.
( 26
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The CoinDesk Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour.
( 38
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Pioneer CEO Scott Sheffield, who helped turn the driller into one the largest oil producers in the country, will retire at the end of the year.
( 26
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First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.
( 16
min )
If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.
( 39
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Chief Commercialization Officer Christopher Boerner will take over after Giovanni Caforio retires, the company said.
( 34
min )
Expectations for first-quarter sales of its diabetes treatment, Mounjaro, are $433 million.
( 23
min )
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. Meta also reported that the monthly user base of its flagship platform — Facebook — inched close to 3 billion. Meta Platforms Inc. said Wednesday it earned $5.71 billion, or $2.20 per share, in the January-March period.
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Here's what you need to know about the anti-dollar movement – and whether it's really a threat to the buck's dominance.
( 39
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A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools
( 39
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(Bloomberg) -- Oil, whipsawed by volatile equity markets, fell the most since mid-March when a banking crisis battered the commodity, nullifying gains from a surprise production cut by OPEC+. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before S
( 38
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(Bloomberg) -- Wall Street veteran Bob Michele anticipates a flattening of the yield curve to 3% for securities maturing in two through 30 years, a forecast representing a victory over inflation and a loss for the US economy.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces
( 38
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The central bank has returned to pulling money out of the financial system following an interruption resulting from last month's troubles in banking.
( 23
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On May 1, the federal government will change the fees that most borrowers pay as part of buying a new home. The changes will have a counter-intuitive result: many borrowers with lower credit scores paying less in fees when they … Continue reading → The post Outrage Alert: Good Finances Could Hurt Your Mortgage Terms appeared first on SmartAsset Blog.
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It would be hard to find a buyer or create another rescue plan, but a regulatory seizure would bring its own set of problems.
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The stock market looks vulnerable to a correction, one that could be substantial if the economy or earnings go wrong. There's a major caveat, though.
( 22
min )
When it comes to achieving market-beating returns consistently, few investors have done a better job than Warren Buffett. From 1964 to 2022, his company Berkshire Hathaway (NYSE: BRK-B) delivered an overall gain of 3,787,464%, dwarfing the S&P 500’s 24,708% return during the same period. Buffett’s investment strategy centers around value investing. He found high-quality companies with durable competitive advantages, invested in them when they were trading below their intrinsic value and reaped h
( 40
min )
The analysts found four financial variables that could prompt an activist attack.
( 41
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Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.
( 22
min )
CEO Hans Vestburg said the phone company has mostly finished $10 billion in spending on C-bank spectrum and that it expects to be generating more cash.
( 22
min )
Activision released financial results a day early after its potential deal with Microsoft was blocked in the U.K. The numbers suggest the company has gained momentum independent of the sale.
( 23
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Bitcoin failed to fulfil one of its purposes last year as a hedge against soaring inflation, but it came into its own recently via another original purpose – as a bet against the legacy banking system. Its decentralized and trustless attributes have made the leading crypto one to hold against a backdrop of multiple bank collapses. In fact, delivering gains of 70% though Q1 made it the quarter’s best performing asset. And it has got plenty more room to run, says Geoff Kendrick, head of crypto res
( 43
min )
(Bloomberg) -- Tesla Inc. shares extended their brutal selloff, pulling the company’s market valuation below the key half-trillion dollar mark as investors increasingly fear its price-cutting plan will eat into profits.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bi
( 39
min )
CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.
( 23
min )
American ingenuity has long been the driving force behind the US economy, and few sectors embody this better than biotech. With over 500 biotech firms operating in the US, developing new medical technologies, drug therapies, surgical instruments, and techniques – the list is only limited by imagination. These brilliant vistas come with risks, though, including biotech’s famously high overhead costs, its long lead times to new product introduction, and the burden of regulatory requirements and ap
( 42
min )
Shares in the retailer, which has filed for bankruptcy, will stop trading on Nasdaq on May 3, the company said.
( 23
min )
GSK plc (NYSE: GSK) reported Q1 FY23 sales of £6.95 billion, down 3% Y/Y on the actual exchange rate and 8% on the constant exchange rate. Turnover excluding COVID-19 solutions reached £6.82 billion, up 16% Y/Y (10% at CER), with solid performance across Vaccines, Specialty, and General Medicines. Key growth drivers included the Shingrix vaccine, meningitis vaccines, HIV medicines, Benlysta in immunology, Nucala, and Trelegy in respiratory, contributing more than 40% of sales. Related: GSK To St
( 38
min )
In its Q1 earnings release, Illumina Inc (NASDAQ: ILMN) unveiled plans to accelerate margin improvement and create flexibility for further investment in high-growth areas. The company aims to reduce its annualized run rate expenses by more than $100 million starting later this year. Q1 Revenue of $1.09 billion was down 11% Y/Y (down 9% on a constant currency basis), beating the consensus of $1.07 billion. Adjusted EPS of $0.08 declined from $1.07 a year ago, beating the consensus of $0.02. Also
( 38
min )
Retiring at age 50 would be a dream for most people, as it would leave you with a few decades of time and, hopefully, health, to enjoy your life. The key to achieving this dream, though, is to put aside … Continue reading → The post Can I Retire at 50 With $1.5 Million? appeared first on SmartAsset Blog.
( 43
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(Bloomberg) -- The US energy patch is ripe for a takeover boom, as oil and gas producers flush with cash turn to dealmaking to find new sites to drill. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before SummitEnergy producers raked in record pr
( 41
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AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.
( 17
min )
CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.
( 23
min )
(Bloomberg) -- First Republic Bank shares slumped on a report that advisers have lined up potential buyers of new stock as part of a rescue plan for the beleaguered lender.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitA
( 38
min )
Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.
( 22
min )
Microsoft plans to appeal the decision by the U.K.'s Competition and Markets Authority to block the company's acquisition of Activision Blizzard.
( 22
min )
The country’s competition regulator said the deal would hurt competition in the videogaming industry, raising new bar amid FTC and EU scrutiny.
( 26
min )
Boeing lost $425 million in the first quarter — more than Wall Street expected — plagued by production problems while building passenger planes and it had a write-down for a military tanker. Revenue rose 28% from a year earlier, however, as airlines scooped up new jets to meet rising travel demand. CEO David Calhoun called it “a solid first quarter."
( 39
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The Electric-vehicle start-up said its Ocean SUV has been certified for sale by European regulators. Regional deliveries will start May 5. U.S. Deliveries are to follow.
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Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.
( 18
min )
Bitcoin and Ether rose on Wednesday trade in Asia, along with all top 10 non-stablecoin cryptocurrencies, with Solana and Cardano leading the way.
( 39
min )
The electric-vehicles company has been cutting prices to boost sales. Investors may want it to take a different approach.
( 22
min )
Thermo Fisher's first-quarter adjusted earnings meet analysts' expectations even as Covid-19 testing revenue falls sharply.
( 23
min )
The Facebook parent is facing weak advertiser demand and privacy headwinds.
( 25
min )
PacWest shares jumped, others including Western Alliance and Zions were trading higher early on Wednesday.
( 23
min )
Usually in economic slowdowns, it’s low-income workers who get cut first, but the recent increase in unemployment insurance (UI) claims in the US has been more broad-based.
( 37
min )
Tech giants Microsoft and Alphabet report better-than-expected earnings, Enphase issues a weak revenue forecast, and PacWest Bancorp says deposits have stabilized.
( 23
min )
(Bloomberg) -- Netflix Inc. lost more than one million users in Spain in the first three months of 2023 according to market research group Kantar, a sign that the streaming giant’s crackdown on password-sharing could face pushback.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed Bosse
( 39
min )
(Bloomberg) -- Alibaba Group Holding Ltd. is cutting the cost of its cloud services by as much as half, a move that could win users from rivals such as Tencent Holdings Ltd. at a time it’s considering spinning off the fast-growing Aliyun business.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business
( 40
min )
First Republic's first-quarter earnings show its customers yanked over $100 billion worth of deposits during the recent banking turmoil.
( 38
min )
Bitcoin rose in Wednesday morning trading in Asia to reclaim the US$28,000 mark, with Ether and all other top 10 non-stablecoin cryptocurrencies moving higher.
( 40
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(Bloomberg) -- A rout in Chinese stocks took a breather as bargain hunters emerged after geopolitical tensions wiped out about $446 billion in value for mainland shares this month. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson’s Fox News Exit E
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"Bootstrapping" strategies like wholesaling have exploded in popularity, but an investor who owns over 1,250 units shares why they won't work in 2023.
( 40
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(Bloomberg) -- Alphabet Inc.’s Google and Microsoft Corp., whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their time with investors to emphasize what’s next: artificial intelligence.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Bu
( 40
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Het kabinet moet bezuinigen: de rentelasten op staatsleningen zijn gestegen, de asielopvang is duurder geworden en de schade door gasbevingen in Groningen moet afgewikkeld worden. Bijna alle ministeries moeten geld inleveren. Het scholingsbudget STAP komt te vervallen. Daarnaast wordt de gratis kinderopvang met twee jaar uitgesteld tot 2027, omdat het kabinetsplan niet uitvoerbaar is.
( 6
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De energierekening gaat in 2024 waarschijnlijk omhoog doordat netbeheerder TenneT meer kosten heeft gemaakt. Naar verwachting betaalt een gemiddeld huishouden komend jaar ruim vijf tientjes meer aan vaste kosten.
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min )
Transavia zit zo krap in de vliegtuigen dat het geen garanties meer durft te geven over het doorgaan van vluchten in deze meivakantie.
( 3
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De omgevingsdienst die toezicht houdt op Tata Steel mag een camera blijven richten op het terrein van de staalfabriek. De privacy van medewerkers is niet in het geding door de camera, die in de gaten houdt of er schadelijke uitstoot plaatsvindt.
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Kappers krijgen er in een jaar tijd in twee stappen 9 procent meer loon bij. Bovendien vallen verplichte scholingsavonden voortaan onder werktijd.
( 3
min )
Koning Willem-Alexander viert zijn verjaardag donderdag in Rotterdam. Dat gaat zo'n 4 miljoen euro kosten. Het wordt daarmee de duurste Koningsdag ooit. In Maastricht, waar de koning vorig jaar zijn verjaardag vierde, kostte het feest minder dan de helft.
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Softwarebedrijf Microsoft mag Call of Duty-maker Activison Blizzard niet overnemen. Dat heeft de Britse toezichthouder CMA woensdag besloten. De waakhond is bang dat Microsoft na de overname te veel macht krijgt op de markt voor online games.
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De energieprijzen in de Europese Unie hebben in de tweede helft van vorig jaar recordniveaus bereikt. De gemiddelde prijs voor elektriciteit ging met ruim 20 procent omhoog. De gasprijs steeg met 46 procent.
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We trekken morgen op Koningsdag weer massaal naar de vrijmarkt voor koopjes, spelletjes en iets te snaaien. Maar hoe rekenen we tegenwoordig af? Ondanks betaalapps is contant geld nog niet weg te denken.
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De wereldwijde verkoop van elektrische auto's zal dit jaar tot recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.
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Meer dan de helft van de AH-supermarkten is op de vierde dag van de staking in distributiecentra goed bevoorraad. Het gaat om filialen die producten krijgen geleverd vanuit Zaandam, Hoorn en Tilburg. Bij de rest van de winkels ontbreken houdbare en verse producten in de schappen.
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Windows, Xbox en andere apparaten van Microsoft hebben het afgelopen kwartaal bar weinig opgeleverd. De hardwaremarkt heeft het zwaar na de flinke verkopen tijdens de coronajaren. Maar Microsoft kreeg hulp van de aanhoudende vraag naar clouddiensten.
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Google-moederbedrijf Alphabet voelt de toenemende concurrentie van andere bedrijven op het gebied van video en zoeken. Advertenties leverden Alphabet opnieuw minder op. Toch wist het bedrijf meer omzet te draaien dan analisten hadden verwacht.
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De wereldwijde verkoop van elektrische auto's zal dit jaar naar recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.
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min )
Winkeliers hebben in maart ruim 4 procent meer omzet behaald dan in dezelfde maand vorig jaar. De groei is vooral te danken aan de hogere prijzen, aangezien het totale verkoopvolume met 7 procent daalde.
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Klimaatminister Rob Jetten presenteert woensdag een aanvullend pakket maatregelen om de klimaatdoelen van 2030 te halen. Hij kan kiezen uit een 'menukaart' met vrijwel alleen maar politieke landmijnen. Lukt het dit kabinet nog de klimaatplannen flink aan te scherpen?
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We zijn sinds corona gewend om een aantal dagen per week thuis te werken. Maar dat kan alleen na overleg. Werknemers kunnen niet zomaar eisen dat ze vanuit huis mogen werken, ook niet waneer de 'Wet werken waar je wilt' wordt ingevoerd.
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Anheuser-Busch InBev has put two marketing executives on leave amid conservative backlash over Bud Light's partnership with transgender influencer Dylan Mulvaney. Here's what you need to know.
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Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.
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Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet … Continue reading → The post Here's How Often You Should Rebalance Your Portfolio, According to Vanguard appeared first on SmartAsset Blog.
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(Bloomberg) -- Amid resurgent banking angst, rattled stock markets may have to live without a key source of buying power.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesThat’s the warning from Goldma
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CDs can generate hundreds in interest over the course of a year, as long as you don’t touch your money before your CD matures.
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Payment processing giant Visa Inc. said its second-quarter profits jumped 14% from a year earlier on an adjusted basis, as the company continues to benefit from a global increase in credit card and debit card usage. For the past several quarters, Visa's fortunes have been bolstered by a global increase in online payments and usage of credit and debit cards. Visa takes a fee from every transaction processed on its network.
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Google parent Alphabet reported first-quarter earnings that surpassed Wall Street's expectations.
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(Bloomberg) -- The spread between AMC Entertainment Holdings Inc.’s common and preferred shares widened Tuesday after a hearing on the movie-theater’s conversion dispute indicated that a settlement is unlikely in the next two months.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business Class Tickets
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The company has missed Wall Street earnings projections in 13 of the past 16 quarters.
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Managers would rather work with the once-maligned millennial than Gen Z. But they're misunderstanding the youngest generation.
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A new study conducted by finance professors from the University of Florida shows the potential value of ChatGPT in predicting stock market movements. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion In the study, over 50,000 news headlines about companies dating back to October 2021 were fed to the chatbot, which evaluated whether the news was good, bad or irrelevant to the company's stock prices. Using sentiment analysis,
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min )
(Bloomberg) -- Bond traders are no longer fully convinced that the Federal Reserve will do one more quarter-point interest-rate hike.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesShort-end market r
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Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.
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(Bloomberg) -- First Republic Bank is exploring divesting $50 billion to $100 billion of long-dated securities and mortgages as part of a broader rescue plan, according to people with knowledge of the matter.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Mov
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Kenvue, Johnson & Johnson's consumer health business, could IPO as soon as this week.
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Everyone is talking up the prospect of a recession. Mike Wilson, chief U.S. equity strategist at Morgan Stanley, is chief among them. Wilson warns that the Fed’s current restrictive monetary policy portends downside risks that are not priced in the market – and could even spark a recession on the scale of 2008’s crisis. Wilson sees corporate earnings (which are already down in Q1 of this year) as unlikely to bottom out until the third or fourth quarter. In Wilson’s view, the lag between Fed poli
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Microsoft stock reports earnings after today's close
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Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.
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Dow Inc (NYSE: DOW) reports first-quarter FY23 sales decline of 22.4% year-over-year to $11.85 billion, beating the consensus of $11.35 billion. Adjusted EPS was $0.58, beating the consensus of $0.36. Volume decreased 11% Y/Y, led by a 15% decline in Europe, the Middle East, Africa, and India (EMEAI). Local price declined 10% Y/Y and 4% sequentially. Operating EBIT fell by 70.7% Y/Y to $708 million, and margin contracted 990 bps compared to 1Q22 to 6%. Packaging & Specialty Plastics sales decrea
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GM raised its full-year profit outlook for the year and said it would drop the Bolt, as it moves to newer battery technology.
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Guo Guangchang seems unfazed by the disposals, and they seem to be working — Fosun International's shares have rebounded from a September low.
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(Bloomberg) -- First Republic Bank spent decades building its wealth-management franchise into a $290 billion behemoth. Now, that business may become a casualty of the bank’s efforts to save itself. Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millio
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min )
Verizon Communications Inc (NYSE: VZ) reported a first-quarter FY23 sales decline of 1.9% year-on-year to $32.9 billion, missing the consensus of $33.6 billion. Adjusted EPS of $1.20 was in line with the consensus. Total wireless service revenue was $18.9 billion, up 3% Y/Y, reflecting the company's ownership of TracFone, premium Unlimited strategy, and pricing actions. Postpaid phone net losses were 127,000, and retail postpaid net additions were 633,000. The quarter marked 437,000 total broadb
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Comcast on Sunday said former NBCUniversal CEO Jeff Shell would be stepping down immediately following an investigation into inappropriate conduct.
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min )
Alibaba Group Holding Limited (NYSE: BABA) stock gave up the gains fueled by its ambitious restructuring proposal after it slumped in Hong Kong on Tuesday. Alibaba’s latest drop came as China’s deteriorating geopolitical tension with the U.S. posed a dampener for China’s technology shares, Bloomberg reports. “Overall sentiment on China is low now as geopolitical tensions continue to weigh, and it may be difficult for IPO or spin-off activity to pick up momentum in such an environment,” said Marv
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Despite the early recovery seen at the start of the year, following 2022’s resolute bear, a sustained bull rally has failed to materialize since. Weighed down by an uncertain global economic backdrop and the prospect of a recession, market conditions have been volatile, with investors seeking clear signals on the market’s direction. Well, according to Carson Group chief market strategist Ryan Detrick, there are plenty of them flashing brightly right now. In contrast to those predicting rough day
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(Bloomberg) -- Oil fluctuated as uncertainty about the strength of demand and the direction of the global economy blunted recent supply-driven gains.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millions From JPMorgan to Signature Months Before Collap
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Part of retirement planning includes determining how much to save and invest so you can enjoy the type of lifestyle you desire. Setting your savings target by age can be a good way to organize your strategy and gauge how … Continue reading → The post How Much Does the Average 70-Year-Old Have in Savings? appeared first on SmartAsset Blog.
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Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know there are … Continue reading → The post How to Legally Avoid Paying Sales Tax on a Used Car appeared first on SmartAsset Blog.
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Advisors often work with high-net-worth clients and are able to understand the expectations wealthy clients have about managing their finances. The good news is that some of those takeaways can be applied to clients who are not high-net-worth individuals. Read … Continue reading → The post 4 Lessons Advisors Can Learn From High-Net-Worth Clients – That Apply to Regular Clients appeared first on SmartAsset Blog.
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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.
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Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.
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min )
Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.
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min )
The company said it was dropping a number of drug-development initiatives, including two stroke drugs.
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JetBlue's second quarter and full-year guidance beat analysts' estimates, suggesting robust demand in the months ahead.
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Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.
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Cash flow from a portfolio of apartments isn’t enough to cover the cost of all the debt, a report said.
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The company also reported lower income for the quarter ended March 31 compared with the same period a year ago.
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General Motors reports first-quarter adjusted operating profit of $3.8 billion and earnings of $2.21 a share. Wall Street was looking for operating profit of $3.2 billion, and earnings of $1.72 a share.
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Bitcoin fell in Tuesday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Polygon was the biggest loser followed by Solana.
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American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.
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The aerospace parts supplier has a record order backlog amid growing demand driven by global airline travel and defense systems.
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ABB Ltd (NYSE: ABB) reported Q1 2023 revenue of $7.86 billion, up 13% Y/Y and 22% Y/Y on a comparable basis, exceeding the consensus of $7.49 billion. Orders increased by 1% Y/Y to $9.45 billion and grew 9% Y/Y on a comparable basis. Electrification revenue $3.59 billion (+11% Y/Y), Orders $4.14 billion (+1% Y/Y) and Backlog $7.10 billion (+19% Y/Y). Motion revenue $1.94 billion (+23% Y/Y), Orders $2.26 billion (+3% Y/Y) and Backlog $5.10 billion (+18% Y/Y). Process Automation revenue $1.44 bill
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The company's earnings per share came in at 72 cents, compared with expectations for 67 cents. Revenue was $5.7 billion, against the $5.5 billion expected.
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The manufacturer’s first-quarter revenue jumped 25% in the aerospace business while orders rose 14%.
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Javice rushed to pull her funds out of Signature Bank after it was taken over by the FDIC in March.
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With Gen Z set to take up 25% of the workforce by 2025, could we see firms shifting their working hours later to accommodate young nightowls?
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min )
Shares of First Republic tumble after deposits at the regional lender sank in the first quarter, United Parcel Service trims its revenue outlook, and earnings reports from Microsoft and Alphabet are coming after Wall Street closes Tuesday.
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min )
PepsiCo raised its full-year profit guidance after its first quarter earnings beat analysts' expectations, helped by resilient demand and price hikes.
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min )
A “freight recession” means fewer trucks carrying goods across the country.
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U.S. stock futures fell early Tuesday as investors awaited a slew of major earnings releases from companies including Alphabet, Microsoft, PepsiCo, and McDonald’s.
Futures on the S&P 500 pointed down 0.5% ahead of the open, while Dow futures were 0.4% lower and futures on the technology-heavy Nasda
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Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.
( 23
min )
(Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al
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“The United States authorities have firmly pointed their guns at crypto,” the investor said in a podcast episode released Saturday.
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(Bloomberg) -- Losses in Chinese shares dragged down Asia’s equities as investors assessed whether the nation’s reopening story still has room to run amid economic and geopolitical headwinds.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon
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min )
Bitcoin falls to around $27,300, dropping from more than $30,000 last week as central bank actions add to concerns over declining monetary liquidity.
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min )
(Bloomberg) -- The rebound in European equities since mid-March has failed to win over strategists, who predict that the sustained campaign of central-bank interest rate hikes will stall the rally. Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Do
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min )
At least for the quarter ended March, weak PC demand and decelerating cloud growth will overshadow the long-term impact of Microsoft's big AI push.
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min )
The scientific instruments company makes the devices used by pharmaceutical companies, and stands to come out ahead no matter which drugs are successful.
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min )
Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.
( 23
min )
(Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al
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(Bloomberg) -- A selloff in Chinese equities is deepening as traders weigh a barrage of economic and geopolitical risks, with global funds accelerating their exodus.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired Fr
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min )
Microsoft beat expectations for cloud segment growth and Alphabet reporting declining ad revenue.
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min )
A money order is a certificate, usually issued by governments and banking institutions, that's a safe alternative to cash or a personal check. It works similarly to a check.
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Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.
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Binance.US had agreed to buy the bankrupt lender's assets for $1.3 billion. Voyager said it will directly distribute funds to customers as a part of the Chapter 11 process.
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min )
Home prices rose 2% in February, at a slower pace than the prior month. Some cities, like Miami, Tampa and Atlanta, showed larger increases, while others had declines.
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min )
Republicans are calling for negotiations, while Democrats denounce “hostage-taking” tactics as debt deadline approaches.
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min )
Learn the difference between developed and developing countries, along with a list of the status of the 25 top countries by GDP.
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Snap Inc., which owns social-media app Snapchat, is seen posting a narrower loss and lower Q1 revenue on declining ad spending when it reports first quarter results on Thursday.
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min )
Southwest Airlines, America's second-largest airline by market capitalization, is expected to report losses narrowed in the first quarter, with the air travel rebound and increased capacity helping offset higher fuel costs.
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min )
A negotiable instrument, such as a personal check, is a signed document that promises an amount to be paid to a specified person or assignee.
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Full retirement age is the age at which you can receive full Social Security retirement benefits. Your FRA varies depending on the year you were born.
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Microfinance is a banking service that is provided to low-income individuals who have no other means of gaining financial services.
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The South Korean indictment of Terraform Labs co-founder Daniel Shin on Tuesday centers on the rapid collapse of TerraUSD and its sister coin Luna last year.
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Here's more information about how banks don't need your money to make loans, but they do want it to make those loans more profitable.
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min )
American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.
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min )
Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.
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The IRS required beginning date is the date individuals with retirement plans must begin taking required minimum distributions from their accounts.
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The Monthly Treasury Average (MTA) is an interest index used to set the interest rate for some adjustable-rate mortgages (ARMs).
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The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year.
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Most mortgage averages moved just a basis point or two, or were flat entirely. The 30-year average dipped further below the 7% threshold it breached last week.
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Putting your finances in order should be one of your top priorities before traveling out of the country.
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Many airlines offer both refundable and non-refundable tickets. Here are some examples of prices for refundable airline fares for five U.S. airlines.
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Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.
( 11
min )
American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.
( 11
min )
Even if you rarely fly, you can pile up points that are good for travel or other rewards.
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With most mortgages, the amount of interest on a loan will get smaller as the principal balance is paid off.
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min )
Here’s a look at the General Data Protection Regulation (GDPR) that will take effect on May 25
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min )
Tim Berners-Lee voiced his disappointment at what the web has become and said action must be taken to restore its core values.
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min )
Discover all the reasons ETFs typically have lower fees than mutual funds, including their passive management and the absence of load and 12b-1 fees.
( 14
min )
De Nederlandse economie koelt af en dat is terug te zien op de arbeidsmarkt. Het aantal openstaande vacatures is in maart licht afgenomen tot 380.000, een daling van 5 procent ten opzichte van dezelfde maand vorig jaar. Het aantal nieuwe vacatures daalde zelfs met 10 procent.
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Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.
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min )
Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.
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min )
Vakbonden willen langer doorgaan met stakingen bij Albert Heijn. Aanvankelijk zou woensdag de laatste actiedag zijn, maar FNV en CNV zeggen dat ze doorgaan tot het niet meer nodig is. Of dit tot meer lege schappen leidt, is nog niet duidelijk.
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min )
Naast Barbies met allerlei etnische achtergronden maakt speelgoedfabrikant Mattel nu ook een pop met het syndroom van Down. Het bedrijf wil hiermee stigmatisering tegengaan en kinderen empathie bijbrengen.
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min )
Google, Amazon, Meta, Microsoft en andere grote techbedrijven vallen vanaf augustus onder de Europese Digital Service Act (DSA). Dat meldt Eurocommissaris Thierry Breton dinsdag. De wet moet ervoor zorgen dat inwoners van de Europese Unie online beter zijn beschermd.
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min )
Rusland wil de graandeal met Oekraïne niet meer verlengen. De huidige deal, die ervoor zorgt dat Oekraïne ondanks de oorlog graan kan verschepen over de Zwarte Zee, loopt op 18 mei af. Oekraïne wil dat er meer druk op Rusland wordt gezet.
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min )
Spotify heeft het aantal luisteraars flink zien groeien in het eerste kwartaal van dit jaar. Wereldwijd maken 515 miljoen mensen maandelijks gebruik van de muziekdienst. Toch wist het bedrijf geen winst te maken. Het verlies kwam uit op 156 miljoen euro.
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min )
De zuidelijke supermarktketen Jan Linders verdwijnt uit het straatbeeld. Tien winkels van de keten gaan over naar Jumbo, Plus en ALDI. Eerder werd al bekend dat de overige Jan Linders-supermarkten dit jaar omgebouwd worden tot Albert Heijn.
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Uitzender Randstad gaat zich actief inzetten om de krapte op de arbeidsmarkt tegen te gaan. Zo werkt het bedrijf momenteel aan een masterplan om de tekorten in de kinderopvang op te lossen. In de sector staan momenteel zevenduizend vacatures open.
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Het aantal ziekmeldingen in de zorg neemt af. Met name onder jongeren is het verzuim in de eerste drie maanden van dit jaar hard gedaald.
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Holland Casino heeft vorig jaar weer winst gemaakt. Toch is het bedrijf na twee lastige coronajaren nog niet terug op het oude niveau. De bezoekersaantallen vallen nog tegen.
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ING, ABN AMRO en Rabobank brengen het online betaalsysteem iDEAL onder bij het Europese samenwerkingsverband van banken EPI. Voor wie in Nederland online shopt, verandert in ieder geval de komende jaren niets, belooft initiatiefnemer ING.
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Controleer in de supermarkt altijd je kassabon, want bij drie grote ketens klopt die regelmatig niet. Nog altijd staan op de bonnen vaak andere prijzen dan op het schap, concludeert de Consumentenbond.
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De effecten van acties in de distributiecentra van Albert Heijn zijn vooral zichtbaar in de circa honderd supermarkten in het noordoosten van het land. Dat laat een woordvoerder van de supermarktketen aan NU.nl weten.
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Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met zo'n warmte- of elektriciteitsaansluiting (blokaansluiting) is vanaf vandaag geopend.
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Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met een blokaansluiting wordt dinsdag geopend.
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Ruim een jaar na invoering van sancties tegen Rusland is in Nederland voor 644 miljoen euro aan tegoeden uit het land bevroren. Ook zijn er twee schepen en vijf vliegtuigen waar Russen niet meer bij kunnen. De oogst bij vastgoed valt tegen.
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Google parent Alphabet on Friday disclosed in an SEC filing how much compensation it gave CEO Sundar Pichai for the prior year — approximately $226 million.
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Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.
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The bank can survive, but it can’t thrive for the foreseeable future because of the costs of its rescue.
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Amid Dylanm Mulvaney controversy, Bud Light's dollar share value loses almost the same amount as Coors Light and Miller Lite's dollar share gain in latest week.
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Earnings season is now in full swing, and expectations are that the Q1 readout will turn out to be the second year-over-year quarterly decline in a row for S&P 500 firms. As such, BMO’s chief investment strategist Brian Belski points out that many investors are “worried that an earnings recession will significantly hinder market performance in the months ahead and inevitably translate into an economic recession later this year.” However, according to Belski, such conclusions are “not necessarily
( 41
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(Bloomberg) -- Bed Bath & Beyond Inc. won permission Monday to tap $40 million, money the retailer said it needs to cover payroll for its roughly 14,000 employees and buy management time to try and locate a buyer in Chapter 11 bankruptcy to rescue some or all of its stores.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is U
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Data analyzed by Reuters showed that Russia overtook Iraq for the first time and pushed Saudi Arabia to the number three spot in India's oil market.
( 38
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There is a fight for consumers among the big three telecom firms after they saw record growth during social distancing.
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MKT Capital Ltd, a shareholder with a 4.2% stake in Aurinia Pharmaceuticals Inc (NASDAQ: AUPH), has issued a letter to Aurinia shareholders with plans to withhold support for three directors at the 2023 annual meeting. In the letter, MKT Capital explains why Aurinia could fetch $28/share in a sale and why shareholders should withhold votes on Chairman Milne, CEO Greenleaf, and Compensation Chair Hagan. The Board has diluted shareholders and awarded outsized compensation packages to management in
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min )
A group of Tesla investors asked CEO Elon Musk for more commitment to the electric vehicle (EV) company in an open letter published last week, specifically requesting that he spend less time posting “derogatory tweets.” The letter also urged Musk to address accusations of a toxic work environment at Tesla and concerns about future profitability.
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The San Francisco lender is under scrutiny by uninsured depositors across the banking system.
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Activist investor Ryan Cohen made about $68 million on Bed Bath & Beyond, while college student Jake Freeman cashed out a roughly $110 million profit.
( 38
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Main Street Research’s CIO believes stocks are in “the last phase of the bear market” and investors should buy companies with Warren Buffett–style “moats.”
( 38
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(Bloomberg) -- First Republic Bank saw deposits plummet $72 billion in the first three months of the year as the California lender was engulfed in the regional-banking crisis that led to the collapse of three of its peers.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingHedge Funds Place Biggest Ever Short on Ben
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The bank said it will cut head count by as much as 25% and slash executive pay as it restructures its balance sheet.
( 26
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BNP Paribas Exane analyst Stefan Slowinski lowered his rating on the shares, warning that there are lower lows ahead for the Azure cloud business.
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min )
Two execs are on leave after a collaboration with transgender TikToker ignited boycott calls, the Wall Street Journal reported.
( 39
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ChatGPT, the powerful artificial intelligence (AI) tool from OpenAI, presents unparalleled risk and opportunity. It puts some jobs at risk of elimination but also can enhance a person’s skill set so they become more valuable to an employer. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry The trick for people who want to get the most out of ChatGPT — and ideally keep their jobs or find a new one — is to learn the best ways to prompt ChatGPT and other AI tools to produce
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Yet another long-term HODLer has decided to move their secret stash.
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Carrier Global is in advanced talks to acquire the German industrial manufacturer for about $13 billion including debt, according to people familiar with the matter.
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A lawyer for Hadley Gamble said she filed a sexual harassment and sex discrimination complaint at the company; Mr. Shell has said he had an inappropriate relationship with an employee.
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(Bloomberg) -- Bed Bath & Beyond Inc.’s bankruptcy has netted more than a billion in paper profits for skeptics who bet against the big-box retailer, while amateur investors have been left holding a nearly empty bag.Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup Afte
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The group said that installing former technology chief JB Straubel to be board would mean that at least five of the eight members would lack independence.
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Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.
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(Bloomberg) -- Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup After SettlementA US supply gl
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With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.
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U.S. businesses in sectors ranging from manufacturing to technology are recalibrating after a period of rapid growth.
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(Bloomberg) -- Tucker Carlson, one of the most popular Fox News prime-time hosts, was worth more than $690 million to the parent company. At least that is what trading in the stock indicates. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesHedge Funds Place Biggest Ever Short on Benchmark TreasuriesShares of
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Trillium Capital proposed to acquire the stock-photo business for $10 a share in cash, but the share price is still well below that level.
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Wolfe Research analysts said C3.ai is likely to disappoint against Wall Street's growth expectations.
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Battle Road Research downgraded shares of the EV company to Sell from Hold, citing "internal challenges and sector-wide struggles."
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min )
The owner of Louis Vuitton, Christian Dior and Tiffany has become the first European company to be valued at more than $500bn (£402bn), after renewed demand from Chinese shoppers boosted sales.
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Johnson & Johnson (NYSE: JNJ) is reportedly readying an investor roadshow to pitch shares of its consumer-healthcare spinoff business, dubbed Kenvue, as early as Monday. Kenvue plans to start meeting with prospective investors with a goal to raise over $3.5 billion in the offering at a valuation of about $40 billion for Kenvue, its soon-to-be spun-off consumer business, which sells products like Tylenol, Band-Aids, and skin-care brands like Aveeno and Neutrogena. Assuming the company and its adv
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Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks. After a decade of low interest rates, the Federal Reserve has unleashed a rapid series of rate hikes to combat inflation, pushing up its benchmark rate to a range of 4.75% to 5%. A 24-month CD, a common savings product for medium-term savers, is now carrying an average yield of 4.81%, according to the Federal Reserve Bank of St. Louis.
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The company plans to launch a crypto-derivatives exchange in Bermuda in the coming weeks.
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Market indicators have been sending conflicting signals lately, creating uncertainty among investors. While year-to-date gains are certainly better than last year’s bear, and volatility, while a concern, has run lower than last year, plenty of risk factors still remain, both in the broader economy and in the stock market. Taking a wider view of the markets, Christian Mueller-Glissman, head of asset allocation research for Goldman Sachs, gives investors a nudge toward a more defensive posture. Ex
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(Bloomberg) -- Millennials were more likely than any other generation to flee the stock market during last year’s rout. That meant they were also more likely to miss out on the subsequent rally.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Those were the results of a survey released Monda
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Like most assets, you can inherit an individual retirement account (IRA) after the owner's death. And for spouses, inheriting an IRA is a relatively straightforward process. In most cases, you can simply assume ownership or even roll the inherited account over … Continue reading → The post How to Split an Inherited IRA Between Siblings appeared first on SmartAsset Blog.
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If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.
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Bank failures and economic turbulence have made bank depositors nervous – but what about banks where you can't visit a branch or speak to a teller? Can you withdraw your money when needed and protect yourself from risks? While the … Continue reading → The post Are Online Banks Safe? appeared first on SmartAsset Blog.
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The White House urged South Korea not to fill any market gap in China if Beijing bans Micron Technology, Inc (NASDAQ: MU) from selling chips. The U.S. has asked Seoul to encourage Samsung Electronics Co Ltd (OTC: SSNLF) and SK Hynix to hold back from boosting sales to China if it bans Micron from selling under an ongoing investigation, the Financial Times reports. The U.S. requested as President Yoon Suk Yeol prepared to travel to Washington for a state visit on Monday. Also Read: Micron's Sturd
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The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.
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min )
Wells Fargo analysts raised their price target for shares of the medical-technology company to $100 from $77.
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Commercial real estate headwinds—which are particularly strong in the office space sector—will increase the risk of defaults, distress, and delinquencies.
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(Bloomberg) -- Europe’s oil refiners, already making do without longstanding shipments of Russian crude, are now struggling with the loss of similar supplies from northern Iraq and a shock reduction in output by several of the world’s top producer nations.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token
( 39
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The company’s first-quarter sales rose, led by 8% volume growth for its Smartwater brand.
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min )
A global excess supply of solar-panels is likely to undermine First Solar's rally, according to analysts at Citi.
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min )
The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster
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The electric-vehicle maker filed its 10-Q form, giving investors another chance to scrutinize its performance.
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min )
Prezzo will shut 46 loss-making restaurants hit hard by soaring pasta and energy costs, as well as poor footfall.
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Coca-Cola posts first-quarter sales of $11 billion. Unit case volumes rise 3%.
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Coca-Cola reports adjusted earnings that beat analysts' estimates, First Republic is scheduled to report quarterly earnings after markets close Monday, and shares of Bed Bath & Beyond sink after the retailer files for Chapter 11 bankruptcy protection.
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Oil-field services companies are seeing a shift to long-cycle international projects from short-cycle U.S. production.
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The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed customers rushing to pull deposits.
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(Bloomberg) -- LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of luxury goods in China and a strengthening euro.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The achievement comes less than two weeks after LVM
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Credit Suisse is still bleeding—even after its rival UBS promised to buy it out.
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Rising geopolitical tensions have boosted defense spending, prompting an industry-wide hiring spree.
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The uptick in insiders’ share purchases signals corporate optimism, which reassures some investors.
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Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.
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(Bloomberg) -- Chinese stocks posted their biggest two-day loss this year as geopolitical tensions and signs of an uneven recovery spurred traders to pare exposure ahead of the Golden Week holiday. Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The CSI 300 benchmark closed 1.2% lower to brea
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(Bloomberg) -- A rally in US stocks leading up to this earnings season presents a near-term risk to equities given the prospect of further Federal Reserve rate hikes and fading profit growth, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The S&P
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The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.
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(Bloomberg) -- Big Oil used last year’s unexpected windfall from surging energy prices to shower investors with rewards and pay down debt. As the cash continues to flow in 2023, the question is whether they will find more adventurous uses for their money.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Remat
( 40
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Citi downgraded First Solar (NASDAQ:FSLR) to Sell/High Risk from Neutral and cut its price target to $194.00 from $220.00 given its belief that the company’s long-term outlook for margins and growth will draw increased scrutiny as the global supply of Si-based modules rises while the cost drops. Shares are trading more than 2% lower premarket today. C3.ai (NYSE:AI) shares are trading around 5% lower premarket today after Wolfe Research downgraded the stock to Underperform from Peerperform with a price target of $14.00.
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The worst bank collapse since 2008 sent shares plunging. The stock is down 88% this year.
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(Bloomberg) -- Oil kept falling in Asia — after losing almost 6% last week — as the outlook for global demand remained in question and Asian fuel markets flashed warning signs on shrinking refining margins.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get Ch
( 39
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(Bloomberg) -- Stocks mostly fell in Asia as traders await a slew of economic data that may help illuminate the path forward for interest rates. Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastMSCI Inc.’s Asia Paci
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The central bank is making progess in its effort to fight inflation, which means it may soon stop raising interest rates, at least for a while.
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min )
Tech company earnings can move the broader market because of the financial results themselves.
( 23
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Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.
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(Bloomberg) -- The Federal Reserve is sure that the US economy can avoid a recession despite the burden of higher interest rates. Hedge funds seem to agree.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Billionaire Brin Sold Tesla Near Its Peak for New Giving VehicleLeveraged
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(Bloomberg) -- Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has underpriced the Federal Reserve’s oncoming easing cycle.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Bed Bath & Beyond Files for Bankruptcy
( 40
min )
Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.
( 10
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Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.
( 10
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Personal loan rates have climbed for a fourth consecutive week, taking the average rate another third of a point higher.
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U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.
( 10
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Find out the history behind the controversial FICA cap on wages.
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Prices of bitcoin and ether—the two largest cryptocurrencies by market capitalization—are usually closely correlated, but that's changing, and it could affect investments and risk management for cryptocurrency investors.
( 11
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Visa, the world’s biggest electronic payments provider, will likely report higher revenues and profit on increased transaction volumes in Q1, as households rely more on credit cards amid high inflation.
( 11
min )
Specialty CDs offer features such as the ability to add to the principal or avoid early withdrawal fees. Some options offer more flexibility, but may have lower rates than standard CDs.
( 17
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Discover why traders use swing charts, how these charts are constructed, and how to start using them.
( 14
min )
Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.
( 13
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With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.
( 14
min )
This week’s cryptocurrencies to keep an eye on are BitTorrent (BTT), Zilliqa (ZIL), UNUS SED LEO (LEO), Toncoin (TON), and TRON (TRX).
( 12
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GM investors will look to see how the company's margins have held up after it refused to slash prices on electric vehicles like its competitors.
( 12
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Larry Kotlikoff, Professor of Economics at Boston University and a two-time presidential candidate, turns the world of financial planning and advice upside down in his book, "Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life." Why he thinks we should marry for money, move back in with our parents, and keep investing through our retirement. Plus, transport stocks and homebuilder stocks are telling two different stories about the economy and the stock market. Which one is right?
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Mortgage rates moved mildly in different directions for the various loan types, while all of the jumbo rate averages held steady.
( 12
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Greenbrier, Central Japan Railway, and Canadian Pacific lead industry in revenue growth.
( 14
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Rising expenses, primarily from soaring interest costs, likely reduced PacWest Bancorp's profit by about a third in the first quarter.
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A company may perform a reverse stock split hoping to avoid being delisted, raise its profile, and attract new investors.
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De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.
( 3
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De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.
( 3
min )
Coca-Cola schroefde de prijzen afgelopen kwartaal flink op. Daardoor zag de Amerikaanse drankengigant de omzet en winst stevig groeien, blijkt uit cijfers die maandag zijn gepubliceerd.
( 3
min )
Er moet een verplichte erkenning komen voor installateurs van zonnepanelen. Op die manier moeten misstanden worden voorkomen nu het aantal beunhazen in de sector toeneemt. Het gaat daarbij om bedrijven die de regels aan hun laars lappen en vaak niet geschikt zijn in het werk.
( 3
min )
De effecten van de stakingen in de distributiecentra van supermarktketen Albert Heijn (AH) beginnen zichtbaar te worden in de winkels. Met name bij winkels in het noordoosten van het land zijn bepaalde producten binnenkort niet meer te krijgen. En de acties duren voort.
( 3
min )
Er komt maar geen einde aan het gedoe over blauwe vinkjes op Twitter. Alleen mensen die betaalden voor Twitter Blue zouden nog een vinkje houden. Nu blijkt dat directeur Elon Musk eigenhandig abonnementskosten betaalt voor accounts van beroemdheden die daar niet op zitten te wachten.
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Wie op zoek is naar veel ruimte (en geen buren), kan in Schotland een onbewoond eiland kopen voor 'slechts' 168.000 euro. Het eiland ter grootte van vijftig voetbalvelden kost daarmee minder dan de helft van een gemiddeld huis in Nederland.
( 3
min )
LVMH, bekend van merken als Louis Vuitton, Moët & Chandon en Hennessy, heeft wat te vieren. Het Franse luxeconcern is nu het eerste Europese bedrijf met een marktwaarde van 500 miljard dollar (ruim 450 miljard euro).
( 3
min )
ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken inmiddels verholpen. De storing kwam op een onhandig moment, aangezien veel werknemers vandaag hun salaris ontvangen. In maart ging het ook al fout op de 24e van de maand.
( 3
min )
Ook in de meivakantie wordt het voorlopig nog geen mooi weer. Voor pretparken lijkt de schade te overzien, maar voor strandtenthouders en ijssalons is het slechte weer aan het begin van het seizoen een fikse domper.
( 4
min )
Voor de problemen met toeslagen is maar één oplossing: het hele toeslagenstelsel afschaffen. Het systeem vraagt het onmogelijke van burgers, zegt inspecteur-generaal Bart Snels van de Inspectie belastingen, toeslagen en douane tegen Trouw.
( 4
min )
Albert Heijn heeft sinds zondag te maken met stakingen in de distributiecentra. In vijf van de zes centra hebben werknemers het werk neergelegd, laat de supermarktketen aan NU.nl weten. Nu zijn alle producten nog gewoon verkrijgbaar in de winkels, maar dat kan veranderen als de acties voortduren.
( 4
min )
Philips heeft de afgelopen jaren veel onderdelen afgestoten, maar heeft wereldwijd nog steeds dezelfde uitstraling als voorheen. De elektrische tandenborstels en scheerapparaten blijven populair onder consumenten en ook de medische apparatuur vindt gretig aftrek. "Mensen kijken echt naar Philips. We blijven absoluut een belangrijke speler", zegt CEO Roy Jakobs tegen NU.nl.
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Door een storing bij ING kunnen klanten sinds maandagochtend geen geld overmaken naar andere rekeningen. Dat is erg onhandig, want veel mensen ontvangen vandaag hun salaris. Vorige maand ging het ook al fout op de dag dat veel werknemers hun loon ontvingen.
( 3
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Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.
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Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.
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min )
Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.
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Sinds zondag zijn er acties in distributiecentra van supermarktketen Albert Heijn. Die begonnen op kleine schaal, maar lijken over te slaan naar de andere centra. Een woordvoerder van AH laat aan NU.nl weten dat als de stakingen uitbreiden, dat te zien zal zijn in de winkels.
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Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.
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Philips heeft 575 miljoen euro opzijgelegd voor verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneuapparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.
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Philips heeft 575 miljoen euro apart gezet voor de verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneu-apparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.
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Vanaf maandag betaal je bij Wehkamp 50 cent per geretourneerd kledingstuk. NU.nl nam een kijkje in het retourcentrum van Wehkamp, waar 250 werknemers dagelijks zo'n 50.000 teruggestuurde artikelen checken en sorteren. We vroegen ook waarom het bedrijf deze maatregel nu heeft ingevoerd.
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Tussen Nederland en het Verenigd Koninkrijk komt een nieuwe elektriciteitsverbinding. Daar wordt voor het eerst een Nederlands windpark op zee rechtstreeks aan gekoppeld.
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Er komt een nieuwe elektriciteitsverbinding tussen Nederland en het Verenigd Koninkrijk. Daaraan zal voor het eerst direct een Nederlands windpark op zee worden gekoppeld.
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Vijf provincies in Nederland zagen het afgelopen kwartaal de huizenprijzen stijgen. In de andere zeven provincies daalden de prijzen ten opzichte van een jaar eerder, ziet statistiekbureau CBS.
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"High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.
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M2 is a measurement of the nation's money supply that estimates all of the cash that everyone has in hand or in short-term bank deposits.
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You may assume you're going to be one of those people retiring later in life, but you need to have a plan in case you can't work as long as you want.
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Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.
( 12
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Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.
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Learn what a t-test is and discover the five standard assumptions made regarding the validity of sampling and data used in a t-test.
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The Foster School of Business at the University of Washington offers undergraduate, graduate, and doctoral programs in business and other fields.
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A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies and NFTs.
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Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.
( 18
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Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?
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Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.
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The stock market consists of exchanges in which stock shares and other financial securities of publicly held companies are bought and sold.
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Elon Musk touched upon many themes on Tesla’s recent earnings call, one of which was the lack of lithium refining options. Given lithium is an essential component in EV batteries, there is an unmet need for refined lithium in the EV industry. During the call, Musk said: “Can other people please do this work? That would be great. We’re begging you. We don’t want to do it. Can someone please? Instead of making a picture-sharing app, try lithium mining and refining, heavy industry, come on.” In sho
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While unlikely, the possibility of oil reaching $200 exists in scenarios such as a major escalation in the Ukraine conflict or underinvestment leading to a reduction in supply.
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Tesla's price cuts are about sacrificing short-term profits in the hope of attracting more buyers away from traditional carmakers such as Ford.
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Kenvue plans to start meeting with prospective investors as early as Monday.
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Following passage of the Inflation Reduction Act, the IRS will receive almost $80 billion in added funding that will go toward reinventing the agency.
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Jeff Shell, the chief executive of NBCUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday. In a brief statement, Shell said Sunday would be his last day after what he called “an inappropriate relationship with a woman in the company." “I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege,” Shell said.
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Bud Light's marketing vice president is reportedly taking a leave of absence following controversy over the brand's work with a transgender celebrity.
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First-quarter earnings from Coca-Cola, First Republic, Alphabet, GE, McDonald’s, Microsoft, Verizon, Visa, Boeing, Meta, Amazon.com, Caterpillar, and Exxon Mobil.
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If you plan to buy a house soon, you should be aware of these fee changes that will affect your upfront costs.
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Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.
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(Bloomberg) -- Glencore Plc’s attempt to seal mining’s biggest deal in a decade has thrust new Chief Executive Officer Gary Nagle into center stage. Little known outside Glencore before taking the job nearly two years ago, the energetic South African is pursuing one of mining’s most unattainable targets, in a bitter brawl that’s headed for a potential climax this week.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger
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Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.
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Landlords are behind a quarter of homes for sale in London as punitive taxes and soaring mortgage rates force buy-to-let investors to quit the market.
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Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.
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Time is running out for a last-minute acquisition of Buybuy Baby, which consistently outperforms Bed Bath & Beyond stories.
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(Bloomberg) -- Wall Street traders are ignoring warning signs that the rally in technology stocks looks overblown.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBud Light Marketing Executive Takes Leave After Controversy: Ad AgeElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireOptimism that the Federal Reserve will pivot from it
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Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?
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You can avoid capital gains taxes by investing long-term, taking advantage of tax-deferred retirement plans and offsetting gains.
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Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.
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(Bloomberg) -- Elon Musk is years behind on his ambition to render Tesla Inc.’s cars fully autonomous. He’s now saying in no uncertain terms that he’s willing to bet the company’s profit margins on making it happen.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Publ
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Quarterly results will give investors insight into the extent of the damage after sharp deposit outflows at the bank.
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While markets are up this year, by almost 8% on the S&P 500 and more than 15% on the NASDAQ, they remain volatile – and they have yet to recoup all of last year’s losses. The result is an uncertain market environment, one that investors are not quite sure they can trust, even as they want to buy in. What’s needed here is a reliable tool to find the upwardly mobile stocks, the ones that are primed to win, and to keep winning, in the coming months. That’s where the Smart Score comes in. Based on t
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Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.
( 11
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(Bloomberg) -- Even as the outlook brightens for emerging-market debt, bonds from a handful of the riskiest countries are being left behind. And there is little evidence that’s about to change.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-
( 39
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Wellcome Trust sold 1.3 million shares of Facebook parent Meta, and trimmed stakes in Apple and Microsoft stock in the first quarter.
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Shortage of fiber technicians casts doubt on the White House goal to bring fast internet to every home this decade.
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Thousands of miles away from the battle lines in Ukraine, a small crew of yellow-jacketed workers is huddled around a gas pipeline on the Norfolk coast.
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Bed Bath & Beyond has filed for bankruptcy protection, but its stores and websites will remain open and continue serving customers, the company said. The beleaguered home goods chain made the filing Sunday in U.S. District Court in New Jersey, listing its estimated assets and liabilities in the range of $1 billion and $10 billion.
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Years of losses and a failed turnaround plan left the retailer struggling to stock stores.
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The net $77.7 billion in equities and ETFs purchased by individuals in the first quarter is near a record.
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Deposit flight and higher funding costs risk squeezing small businesses and lending beyond big cities.
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PepsiCo, McDonald’s and Exxon are also set to report amid concerns about the economy and inflation.
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Here is your Pro Recap of the biggest fresh dividend hikes, special dividends, and stock buybacks you may have missed this week. Costco Wholesale (NASDAQ:COST) shares rose nearly 2% on Thursday after the company hiked its dividend by 13.3% to $1.02 per share, or $4.08 annualized, for an annual yield of 0.8%. The dividend will be payable on May 19, 2023, to stockholders of record on May 5, 2023, with an ex-dividend date of May 4, 2023.
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But it won’t necessarily fall apart, writes Christopher Smart.
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A hedge fund founded by billionaire American investor Ken Griffin has taken a multimillion pound short position in food delivery company Deliveroo.
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The Case-Shiller index tracking single-family home price changes in 20 large U.S. metropolitan areas for February is expected to be flat from a year ago, according to estimates. That hasn't happened since 2012.
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Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.
( 4
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Werknemers van distributiecentra van Albert Heijn gaan zondagavond en maandag staken. Dat doen ze omdat een ultimatum dat vakbonden CNV en FNV hadden gesteld, is verlopen. De staking kan ervoor zorgen dat supermarkten van AH niet meer bevoorraad worden en er lege schappen ontstaan.
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Duitse vakbonden en werkgevers hebben na maanden van onderhandelingen en stakingen een cao-akkoord gesloten. De cao krijgt een looptijd van twee jaar en geldt voor 2,5 miljoen medewerkers in de publieke sector, zoals buschauffeurs, brandweerlieden en artsen.
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Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?
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Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?
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Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.
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Het weer houdt ons altijd bezig, zeker als het niet doet wat we verwachten of willen. Zo smachten we nu allemaal naar mooi weer, maar laat dat nog op zich wachten. Meteorologen houden ons constant op de hoogte, en daar zit een aardige beloning aan vast.
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Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.
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Proof-of-Stake (PoS) is a cryptocurrency consensus mechanism used to confirm transactions and create new blocks through randomly selected validators.
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Bitcoin Private (BTCP) is an open-course cryptocurrency that allows senders and receivers to remain untraceable.
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Learn about Pinterest and the type of company it is trying to become. Understand the company's business model and what makes it unique.
( 14
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D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectation with its first quarter results, suggesting the housing market may be stronger than it seems.
( 12
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Certificates of deposit can have different terms. Learn how short-term and long-term CDs compare.
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min )
Anheuser-Busch has decided to shake up its marketing leadership after its Bud Light brand became, quite literally, a target for conservatives.
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All eyes were on CEOs of the Wall Street giants for cues on how markets will weather murky economic conditions.
( 39
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(Bloomberg) -- The latest US figures on growth, inflation and wages will be released in the coming week — some of the final marquee reports the Federal Reserve will have in hand before its May policy meeting.Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226
( 42
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(Bloomberg) -- Bond traders are taking little solace in the market’s recent calm for a simple reason: It’s not likely to last. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutTwo-year US Treasury yields, some of the most sensitiv
( 39
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(Bloomberg) -- Add central banks to the wall of worry for global credit markets.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutThis year’s rally in risk assets is more to do with a $1 trillion central bank liquidity injection th
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Walt Disney Co. reportedly will cut thousands of jobs across the company by next week, including those at theme parks, in entertainment and on corporate teams.
( 38
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(Bloomberg) -- At least nine members of Congress sold banking stocks before and during the market turmoil in March, the Financial Times reported. Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardJosh Gottheimer, a New Jersey Demo
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Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled
( 37
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(Bloomberg) -- It’s still early in earnings season, but the results so far are coming in strong enough that some on Wall Street are starting to wonder if they were too pessimistic about Corporate America’s performance.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareBud
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(Bloomberg) -- Sometimes when volatility jolts financial markets, the safest trades can quickly morph into dangerous bets.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignThat’s what’s happening now in some corners,
( 40
min )
One of the biggest threats to your retirement savings isn't inflation, a stock market swoon or even bad investment picks – it's you. That's because when a financial crisis hits, many workers start draining their retirement accounts in order to … Continue reading → The post No Emergency Fund? Your Retirement Is at Risk appeared first on SmartAsset Blog.
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D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectations with its first quarter results, suggesting the housing market may be stronger than it seems.
( 12
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(Bloomberg) -- Federal Reserve officials are on track to raise interest rates a quarter percentage point next month and signal a potential pause from the steepest hiking campaign in decades.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareEuropeans Are Rethinking Summer
( 39
min )
Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. While Apple’s overall revenue from India is relatively small, the tech giant is making a concerted effort to capture more of the market. In this regard, Apple is opening its first retail stores in Mumbai and New Delhi. For Wedbush’s Dan Ives, the openings could provide a big boost to the top-line. “Apple is now aggressively l
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The house is the biggest financial asset for millions of retirees and empty nesters, and many are mismanaging it.
( 22
min )
The divergence between one-month and three-month bills is the largest on record.
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min )
Southern Company and Costco Wholesale are also on the list of big U.S. companies that have unveiled higher dividends this week.
( 23
min )
A wiggle of the eyebrow was all it used to take. Such was the power of the Governor of the Bank of England's furrowed brow that not a word was needed to get the message across, according to Threadneedle Street lore.
( 42
min )
Elon Musk could be entering the "end game" as Tesla, Twitter, and SpaceX CEO as the tech mogul faces his mountain of debt, one investor said.
( 38
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The recent failures of Silicon Valley Bank and Signature have focused attention on regional lenders’ weaknesses.
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Companies are beating their numbers, and profit estimates are being revised higher.
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min )
A trio of former Twitter executives must refile their lawsuit against the company because CEO Elon Musk renamed the firm to "X Corp."
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Britse pubeigenaren wrijven in hun handen wegens de aanstaande kroning van koning Charles. Het lange feestweekend van vrijdag 5 mei tot en met maandag 8 mei kan naar verwachting in totaal 350 miljoen pond (zo'n 392 miljoen euro) extra opleveren.
( 4
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Het aantal zzp'ers in ons land blijft in rap tempo toenemen. Steeds meer mensen in de zorg, bouw en horeca worden zelfstandig ondernemer of laten zich flexibel inhuren. En dat is koren op de molen voor zzp-bemiddelaars en detacheringsbureaus.
( 4
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De meivakantie is begonnen en daardoor is het zaterdagochtend druk op Schiphol. In vertrekhallen 2 en 3 staan op sommige plaatsen wel rijen, maar volgens de luchthaven is de doorstroom goed. Een woordvoerder geeft aan dat dit het beeld is waar Schiphol gedurende de vakantieperiode ongeveer vanuit gaat.
( 3
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De CO2-uitstoot moet de komende jaren omlaag in Europa. Daarom moeten bedrijven en ook burgers gaan betalen voor de broeikasgassen die ze uitstoten. Hoe werkt dat?
( 3
min )
Het aantal zzp'ers in ons land blijft in rap tempo toenemen. Steeds meer mensen in de zorg, bouw en horeca worden zelfstandig ondernemer of laten zich flexibel inhuren. En dat is koren op de molen voor zzp-bemiddelaars en detacheringsbureaus.
( 4
min )
Na een onstuimig jaar ligt de prijs voor een megawattuur gas inmiddels al enkele maanden tussen de 40 en 50 euro. Is dit 'het nieuwe normaal'? En welke gevolgen heeft het voor onze energierekening als de prijs zo blijft?
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min )
Stocks have barely budged so far this month. That could be the calm before the storm—or the calm that persists for years. Investors won’t like either.
( 23
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Amazon-owned Whole Foods says it is cutting several hundred jobs as part of a process to simplify the grocery chain's operations. The company plans to make changes to some regional and global support teams over the next two months, according to a memo sent to employees Thursday by the Whole Foods executive team. The layoffs will take place as part of that shift and will affect less than 0.5% of the company's total workforce, a Whole Foods spokesperson confirmed.
( 38
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Mike Bloomberg, the billionaire founder of Bloomberg LP, plans to leave his media and financial information juggernaut to his charity, a spokesperson for the business confirmed, clearing up years of speculation about what will happen to the company when its 81-year-old leader steps back.
( 37
min )
(Bloomberg) -- The pay package awarded to Alphabet Inc. Chief Executive Officer Sundar Pichai soared to $226 million in 2022, boosted by a triennial stock award valued at $218 million, dwarfing the compensation of many Silicon Valley peers. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Busines
( 38
min )
(Bloomberg) -- PacWest Bancorp, a regional bank left reeling following the collapse of two rival lenders last month, is exploring a sale of its lender finance arm, according to people familiar with the matter. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Increases Price of Model S, X in US After Shares SlumpAirline Blunder
( 38
min )
China’s first-quarter GDP grew faster than expected after a Covid-racked 2022. But some strategists question whether it has the strength to drive a sustainable recovery.
( 23
min )
Also, Wall Street opinions on AT&T, Citigroup, Dentsply Sirona, and Agilysys
( 23
min )
The green economy isn’t just an idea or a goal for the future; it’s already here, shaping choices of producers and consumers in industries as diverse as food distribution and energy generation. Specifically, green incentives are fueling a boom in residential solar power installations. As this trend matures, it will provide increasing benefits to users, consumers, professionals, and investors. But we’ll be talking here about residential solar installations. These home power units are seeing solid
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min )
Here are seven major companies whose stocks moved on the week’s news.
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The group has accumulated nearly $1 billion in AUM.
( 38
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Caffeine has become a staple of the modern-day working scene. Millions of people around the world wake up to a cup of caffeine. Later in the day, they hit their local corner store for an energy drink and maybe even some pre-workout before the gym. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry While the top performers in the U.S. stock market over the past quarter-century encompass some of the biggest agents of social change and creators of groundbreaking technology. B
( 39
min )
The second largest cryptocurrency by market capitalization has dropped to its lowest since April 9, CoinDesk data shows.
( 38
min )
Food demand is rising while the supply of arable land is shrinking. Companies that help farmers boost yields stand to benefit in the long run, finds a new report.
( 23
min )
(Bloomberg) -- US bank deposits fell last week, indicating the financial system remains fragile after a string of bank failures.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Increases Price of Model S, X in US After Shares SlumpDeposits decreased by $76.2 b
( 38
min )
A hypothetical stock portfolio has taken hands-off investing to a whole new level. Jeffrey Ptak, a chartered financial analyst (CFA) for Morningstar, recently devised a passive investment portfolio that's based on the composition of the S&P 500. But instead of … Continue reading → The post How This ‘Do Nothing Portfolio' Can Beat the S&P 500: Sit Back and Get Rich appeared first on SmartAsset Blog.
( 40
min )
Free cash flow in the first quarter came in at $1 billion, but management is sticking with a forecast that it will total $16 billion for the full year.
( 23
min )
(Bloomberg) -- Investors are losing their ability to resist a stock rally that much of Wall Street is convinced is doomed.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardEuropeans Are Rethinking Summer Vacations Because of OvercrowdingUS Supreme Court Keeps Abortion Pill Fully Available for NowMore than $12.6 billion has been sent
( 40
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The debt ceiling’s X-date could be reached as soon as mid-June.
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Producers' shares decline; price impact on recently volatile commodity less clear
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Elon Musk’s electric-vehicle maker has cut prices and increased market share—at the cost of profitability. But its growth scenario through the end of the decade remains intact, and the stock’s volatility offers opportunities for bargain hunters.
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Avoid paying excess taxes with an IRA rollover with some simple transfer rules.
( 17
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On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions of dollars to Americans looking to upgrade their homes, businesses and cars. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry One provision of the law allows Americans making less than $150,000 a year to claim a $7,500 tax credit for buying an electric car. The law also provides $9 billion in rebates to help people electrify their home appliances and make their houses more ene
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Deloitte says it’s taking personnel actions where necessary and is reportedly cutting 1,200 jobs
( 37
min )
Few things are more entrenched on Wall Street than Michael Bloomberg's terminal, which is ubiquitous across finance.
( 38
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The ride-share company says jobs will be cut but declines to confirm The Wall Street Journal's report that 1,200 staff will be eliminated in the company's latest round of layoffs.
( 23
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A holder who hadn’t touched their crypto for a decade just moved over 279 BTC, or $7.8 million worth of the crypto, to new wallets.
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(Bloomberg) -- The Chilean government’s announcement of a new lithium model is giving the nation’s biggest producer some hard choices, and its shareholders a reason to sell.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Increases Price of Model S, X in US After Shares SlumpMeet the Guy Who Scored $250,000 of Tickets for
( 38
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Barron's thinks Apple can get into the car business in a smart way by buying Visteon. If the iPhone maker doesn't, someone else might.
( 23
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The ARK Invest CEO said Tesla’s prospective robotaxi business is “one of the most important investment opportunities of our lifetimes.”
( 39
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The founder of ARK Invest had one of the most aggressive price targets for the EV maker. Her firm just got even more aggressive.
( 23
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Elon Musk’s electric-vehicle maker has cut prices and increased market share—at the cost of profitability. But its growth scenario through the end of the decade remains intact, and the stock’s volatility offers opportunities for bargain hunters.
( 23
min )
(Bloomberg) -- With all the angst bearing down on Charles Schwab Corp., the brokerage may be worth a lot more without its bank.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Increases Price of Model S, X in US After Shares SlumpMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorThat’s the thinkin
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(Bloomberg) -- Thinning profits at Tesla Inc. and signs of broader weakness in the US auto industry are sending ominous signals for the US economic outlook.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Increases Price of Model S, X in US After Shares SlumpI
( 39
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(Bloomberg) -- The municipality of Marion had planned to finance a new $10 million firehouse with a bond deal later this year, but that project and others are on pause because the city north of Columbus, Ohio, doesn’t have a credit rating.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business
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The debt ceiling’s X-date could be reached as soon as mid-June.
( 23
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(Bloomberg) -- US business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorUS, Ukraine
( 37
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After cutting U.S. vehicle prices four times this year, Tesla raised the cost overnight on its slow-selling more expensive models. The hike could be an effort to appease investors, who dumped shares of Tesla on Thursday after earnings and profit margins dropped due to previous price cuts. The lowest-price Model S now starts at $87,490, while the base price for the X is $97,490, according to Tesla's website early Friday.
( 38
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Bitcoin fell to US$28,000 in the same week the European Parliament passed its landmark crypto framework. Industry analysts told Forkast that holding US$27,500 will be crucial for Bitcoin in order to spark an upward momentum.
( 39
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(Bloomberg) -- AT&T Inc. shares rose 2.6% on Friday, after HSBC took advantage of a steep earnings-driven selloff to upgrade the telecom company to buy from hold. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorTesla Increases Price of Model S, X in US
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The stock fell the most in a single day since 2000 on Thursday after the telecom company reported far less free cash flow than expected.
( 23
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J.P. Morgan analyst Doug Anmuth maintains his Overweight rating and $135 price target on shares in a Friday report.
( 23
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As gold hovers around the psychologically significant $2,000 price level, an exciting technical indicator seems to be emerging, signaling a potential upside for the precious metal. A bullish pattern known as the "cup and handle'' may be forming on gold's price chart, potentially foreshadowing a new era of growth for the safe-haven asset. This article breaks down what this pattern usually means, how it could impact gold prices in the near and distant future and how the current geopolitical landsc
( 38
min )
(Bloomberg) -- Day traders are paying a price for their newfound love affair with one of the hottest trades in the equity market. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorUS, Ukraine Allies Consider Near-Total Ban on Exports to RussiaRushing to j
( 39
min )
The machinery maker’s shares have gotten hit hard to start the year, and look cheap heading into its results.
( 23
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A federal bankruptcy judge Michael Kaplan temporarily held around 38,000 lawsuits alleging Johnson & Johnson's (NYSE: JNJ) baby powder and other talc products caused cancer as a part of J&J's second attempt to settle thousands of talc cases in bankruptcy proceedings. In 2021, Johnson Johnson spun off its subsidiary, LTL Management, to carry its talc-related liabilities and file for Chapter 11 bankruptcy protections. J&J will not have to go to trial over any other talc claims during the pause, bu
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min )
Regions Financial Corporation (NYSE: RF) clocked revenue growth of 22% year over year in the first quarter of FY23 to $1.95 billion. Revenues, however, missed the consensus of $1.97 billion. Net interest income jumped 39.6% Y/Y to $1.42 billion. Provision for credit losses in the quarter under review stood at $135 million, compared to the benefit of $36 million in the year-ago period. Common Equity Tier 1 ratio at the Q1 end totaled 9.8%, higher than 9.4% in 1Q22. Net income available to common
( 38
min )
The German software company adjusted its full-year outlook downward to reflect the divestment of its majority stake in Qualtrics, sold to Silver Lake last month.
( 23
min )
Deciding between a traditional individual retirement account (IRA) and a Roth IRA can be difficult. Choosing when or if you should convert your IRA funds to a Roth account can be even more daunting. Experts commonly recommend that investors compare … Continue reading → The post When Should You Consider a Roth Conversion? Vanguard Has an Answer appeared first on SmartAsset Blog.
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If you're approaching retirement age, chances are you need to brush up on your Social Security knowledge. A recent MassMutual poll found that most people nearing retirement age don't know the ins and outs of this vital safety net program. … Continue reading → The post 65% of People Struggled With These Social Security Questions: Can You Get Them Right? appeared first on SmartAsset Blog.
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Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don’t go up — you still make money (from the dividend). Heck, even when a dividend stock goes down in price, it’s not all bad news, because the dividend yield (the absolute dividend amount, divided by the stock price) gets richer the more the stock falls in price. Knowing all this, wouldn’t you like to find great dividend stocks? Of course you would. J.P. Morgan analysts have chim
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The SPDR S&P Oil & Gas Exploration & Production ETF is trading flat since before the cartel and its allies agreed to cut output by 1.2 million barrels a day.
( 23
min )
If my work is correct and the Dollar Index firms, then bullion would likely pull back to the $1950 area.
( 23
min )
J.P. Morgan analyst Doug Anmuth maintains his Overweight rating and $135 price target on shares in a Friday report.
( 22
min )
SAP SE (NYSE: SAP) reported first-quarter FY23 revenue growth of 10% year-on-year to €7.44 billion. Total revenue was up 9% at constant currencies. Cloud revenue increased 22% Y/Y to €3.18 billion at CC. Software licenses and support revenue declined 2% Y/Y to €3.18 billion at CC. Cloud and software revenue grew 8% Y/Y to €6.36 billion at CC. Cloud backlog was up 25% Y/Y to €11.15 billion at CC. Non-IFRS cloud gross margin was up 290 bps to 71.4% at CC, driven by expanding gross margins across a
( 38
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Procter & Gamble's quarterly figures beat expectations, with earnings per share of $1.37, up 3%, and net sales of $20.1 billion, up 4%.
( 23
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Higher crude prices and a squeeze on supplies helped boost demand at the oil-field services company.
( 22
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The German brand reported a very strong first quarter, but investors are still waiting for the great reset.
( 26
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It’s not all happy meals these days in the land of Ronald McDonald.
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Verizon (VZ), America’s second-largest telecommunications company by revenue and the largest by subscriber count, likely will report modest earnings growth for Q1 as gains in postpaid and wireless business slow.
( 12
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Viral criticism of leaked speeches highlight how tough it is to light a fire under employees in the hybrid workplace.
( 26
min )
Splashy new financial offerings show that the world’s most valuable company is charging further into the world of money. Its ambitious plans seem to be coming to fruition at just the right time.
( 27
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Tesla is rising Friday after the market cap of the world's most valuable car company lost $55.69 billon on Thursday following a disappointing earnings report, while Meta's market value jumped over Tesla's for the first time since December 2021. Meanwhile, Meta CEO Mark Zuckerberg told employees that he won’t rule out future layoffs, The Wall Street Journal reports.
( 23
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Lachlan Murdoch has dropped a defamation lawsuit against an Australian news website just days after Fox News agreed to pay $788m (£635m) to settle a case with Dominion Voting Systems.
( 38
min )
Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.
( 20
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(Bloomberg) -- Tesla Inc. increased the prices of Model S and Model X vehicles in the US, after the company’s share price slumped following first quarter earnings. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Elon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireSpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Consider Near-Total Ban on Exports to RussiaMeet the Guy Who Scored $250,000 of Tickets for $17,0
( 38
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(Bloomberg) -- Asian equities followed Wall Street lower with risk appetite taking a hit from data showing a softening in US manufacturing and its labor market. Traders bought the dollar and the yen on concern of rising tension between America and China.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Elon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireSpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Conside
( 40
min )
Whether Iger can pull off a turnaround may ultimately define his legacy.
( 38
min )
The German software company adjusted its full-year outlook downward to reflect the divestment of its majority stake in Qualtrics, sold to Silver Lake last month.
( 23
min )
(Bloomberg) -- Dalian Wanda Group Co. has become the latest source of angst in China’s credit market, with dollar bonds of billionaire Wang Jianlin’s conglomerate sinking to distressed levels just months after they were issued.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Consider Near-Total Ban on Exports
( 38
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If my work is correct and the Dollar Index firms, then bullion would likely pull back to the $1950 area.
( 23
min )
In the first quarter of this year, total healthcare and life sciences M&A in the U.S. was about $71 billion, according to KPMG.
( 23
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Do you wonder where the stock market is headed? Well, Wells Fargo’s senior global market strategist, Scott Wren, has a prediction for the S&P 500. Wren believes that the index will remain range-bound, with a low end around 3,600 and a top end around 4,300, for the remainder of the year. Wren’s advice is not to chase the market when it nears that peak, but to make use of any pullbacks. As for the best stocks to load up on in the current climate, Wren has an idea about those too. “We want to focus
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10 of the most-often cited habits of people who have enjoyed success in business and in life.
( 16
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Even if your unemployment overpayments are not your fault, you still be on the hook to pay it back unless you act.
( 20
min )
Markets finished flat to higher on April 21, 2023, with a boost from the consumer staples and consumer discretionary sectors.
( 10
min )
A regional bank is defined by the size of its assets, according to Federal Reserve standards. A regional bank as between $10 billion and $100 billion in assets.
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min )
A Roth 401(k) lets you save more for retirement now and take advantage of tax-free withdrawals later.
( 18
min )
Almost 30% of 25-year-olds own their own homes, a higher percentage than their parents at the same age
( 11
min )
Producers' shares decline; price impact on recently volatile commodity less clear
( 12
min )
Avoid paying excess taxes with an IRA rollover with some simple transfer rules.
( 17
min )
Most mortgage averages retreated, erasing some of their four-day gains. Only the jumbo averages held their ground.
( 13
min )
A defined contribution (DC) plan is a retirement plan in which employees allocate part of their paychecks to an account funding their retirements.
( 18
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Tesla raised prices of Model S and Model X in the U.S. after its price cut strategy and higher commodity prices dented margins in the first quarter.
( 11
min )
Hawala is a way to send money informally without the movement of actual currency. Read how hawala works, where it is illegal, and how governments regulate it.
( 17
min )
Microsoft is expected to say earnings were unchanged from the year before in the most recent quarter. Investors will be looking for cloud and ChatGPT outlooks after a $10 billion investment in AI.
( 11
min )
Verizon (VZ), America’s second-largest telecommunications company by revenue and the largest by subscriber count, likely will report modest earnings growth for Q1 as gains in postpaid and wireless business slow.
( 11
min )
A fixed cost is a cost that does not vary with the level of production or sales.
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Zero cost strategy refers to a trading or business decision that does not entail any expense upon execution.
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Digital currency are digital formats of currencies that do not exist in physical form. They can lower transaction processing costs and enable seamless transfer across borders.
( 19
min )
Alle twitteraars met een geverifieerd account zijn hun blauwe vinkjes kwijtgeraakt. Daardoor is het moeilijker geworden om een echt account te onderscheiden van een namaakprofiel. Met een aantal tips kun je dit alsnog controleren.
( 4
min )
Nicotinezakjes zonder tabak zijn voortaan verboden in ons land, heeft het kabinet besloten. Verder komt er ook een reclameverbod voor dit soort producten. Daarmee wordt het gebruik van alternatieve rookvrije producten steeds verder ingedamd.
( 3
min )
Deze week sluiten moslims wereldwijd de ramadan af met Ied-al-Fitr, in Nederland ook wel bekend als Suikerfeest. Veel moslims vieren dit door geld te schenken aan een goed doel en te eten met familie en vrienden. Hoe wordt het feest dit jaar gevierd, nu het leven zo duur is door de inflatie?
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min )
Beleggingsinstellingen moeten scherper toezien op betalingen die kunnen wijzen op witwassen of terrorismefinanciering. Dat zegt de Autoriteit Financiële Markten (AFM). Op dit moment meldt slechts 11 procent van die instellingen verdachte transacties.
( 3
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De gemiddelde loonstijging is momenteel historisch hoog, maar dat betekent niet dat de onvrede onder werknemers is verdwenen. In verschillende sectoren heerst onrust. Bij de schoonmakers, in de zuivelsector, op universiteiten en in distributiecentra van Albert Heijn dreigen acties. En daarmee is het hoogtepunt nog lang niet voorbij.
( 4
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De gemiddelde loonstijging is momenteel historisch hoog, maar dat betekent niet dat de onvrede onder werknemers is verdwenen. In verschillende sectoren heerst onrust. Bij de schoonmakers, in de zuivelsector, op universiteiten en in distributiecentra van Albert Heijn dreigen acties. En daarmee is het hoogtepunt nog lang niet voorbij.
( 4
min )
Als je online iets wil opzoeken, is de kans groot dat je naar Google gaat. Maar steeds vaker gebruiken we kunstmatige intelligentie, zoals ChatGPT of Bing AI van Microsoft. En zo zit zoekgigant Google opeens in een concurrentiestrijd waar het eigenlijk nog niet klaar voor was.
( 4
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Als je online iets wil opzoeken, is de kans groot dat je naar Google gaat. Maar steeds vaker gebruiken we kunstmatige intelligentie, zoals ChatGPT of Bing AI van Microsoft. En zo zit zoekgigant Google opeens in een concurrentiestrijd waar het eigenlijk nog niet klaar voor was.
( 4
min )
Luchtvaartmaatschappijen die klachten hebben ingediend over de aangepaste tarieven van Schiphol, hebben geen gelijk gekregen van de Autoriteit Consument & Markt (ACM). De aangepaste tarieven van de luchthaven zijn volgens de toezichthouder "niet onredelijk".
( 3
min )
De Nederlandse overheid moet alsnog een schadevergoeding van ruim 800 miljoen euro betalen aan de obligatiehouders van de SNS bank en SNS Reaal. De Hoge Raad heeft vrijdag bepaald dat de eerdere uitspraak hierover in stand kan blijven.
( 3
min )
Schiphol verwacht vrijdag zo'n 70.000 vertrekkende passagiers. De luchthaven zegt dat ze goed is voorbereid op de drukte van de meivakantie en verwacht geen problemen zoals vorig jaar, toen er lange wachtrijen ontstonden door een tekort aan beveiligers.
( 3
min )
Luchtvaartmaatschappijen die klachten hebben ingediend over de aangepaste tarieven van Schiphol, hebben geen gelijk gekregen van de Autoriteit Consument & Markt (ACM). De aangepaste tarieven van de luchthaven zijn volgens de toezichthouder "niet onredelijk".
( 3
min )
Luchtvaartmaatschappijen die klachten hebben ingediend over de aangepaste tarieven van Schiphol, hebben geen gelijk gekregen van de Autoriteit Consument & Markt (ACM). De aangepaste tarieven van de luchthaven zijn volgens de toezichthouder "niet onredelijk".
( 3
min )
Beleggers in Credit Suisse slepen toezichthouder FINMA voor de rechter. Ze zijn boos omdat sommige obligaties opeens niets meer waard waren nadat de Zwitserse bank was overgenomen door UBS.
( 3
min )
Het internationale treinverkeer van Amsterdam naar steden als Frankfurt, Berlijn en Basel ondervindt vrijdag grote hinder van de staking van het Duitse spoorwegpersoneel. Er zijn meer dan tien internationale treinen van en naar Nederland uitgevallen. Dat aantal kan nog oplopen.
( 3
min )
Supermarktketens en winkeliers hebben weinig oog voor de vastenperiode van moslims en Ied-al-Fitr (Suikerfeest). Doordat sommige filialen bepaalde producten niet verkopen, lopen ze veel omzet mis.
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min )
Investors' use of tax-loss harvesting involves knowing both the positives and the negatives.
( 17
min )
Learn how to leave an IRA to a minor and understand how your gift will be distributed, managed, and taxed.
( 18
min )
Cleveland Fed President Loretta Mester indicated that another rate hike could be needed to fight inflation, echoing statements by other Fed officials.
( 10
min )
Shares of AT&T (T) plunged 10% after the telecom giant reported disappointing subscriber growth and lower-than-expected revenue.
( 11
min )
Major U.S. equities indexes fell on April 20, 2023, as electric vehicle and tech stocks dragged on the markets.
( 10
min )
Form 1099-A: Acquisition or Abandonment of Secured Property is an Internal Revenue Service (IRS) form used to report the transfer of foreclosed property.
( 18
min )
Buzzfeed CEO Jonah Peretti said the company is shutting down its news division as part of a 15% workforce reduction affecting 180 jobs.
( 11
min )
Coca-Cola, the world’s most valuable beverage company, is expected to report revenue growth slowed in the first quarter to its lowest rate since 2020 as exchange rates and suspended Russia operations offset resilience at home.
( 12
min )
Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils.
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If you want to know the direction the economy is headed, the Conference Board’s Leading Economic Index is sending a clear signal: recession is coming, and soon, a chart of the index shows.
( 10
min )
Google is launching an AI-powered ad campaign service to rival marketing agencies.
( 11
min )
A savings account is a deposit account held at a financial institution that provides security for your principal and a modest interest rate.
( 20
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Bad faith insurance refers to a number of ways insurance companies may attempt to escape obligations owed to policyholders.
( 13
min )
Home daycare insurance is essential if you provide childcare in your home. Learn what home daycare insurance is, how much it costs, and which companies offer it.
( 17
min )
Find out who needs restaurant insurance and what it costs, along with the best insurance companies offering policies for restaurants.
( 19
min )
Elon Musk's efforts to put a man on the Moon and possibly Mars ended in a mid-flight failure after SpaceX's Starship exploded shortly after taking off on its maiden flight.
( 11
min )
Home-based business insurance should provide comprehensive coverage and be affordable and easy to obtain. Find out what you need and which companies offer it.
( 17
min )
Mortgage rates continued their multi-day climb, with the 30-year average rising for a fourth day and re-entering 7% territory.
( 13
min )
The European Parliament approved sweeping laws aimed at regulating the crypto industry in the European Union, including tracing transactions over 1,000 euros.
( 11
min )
Food vendor insurance is essential if you have a business selling food products. Learn what it is, how much it costs, and which companies offer it.
( 16
min )
The annual cost of business insurance for small businesses starts as low as $200, but can be much more depending on the type of business you have and what you need.
( 17
min )
Personal loan rates have climbed three weeks in a row, raising the average to well above 20%.
( 12
min )
Premium is the total cost of an option or the difference between the higher price paid for a fixed-income security and the security's face amount at issue.
( 16
min )
Texas Instruments will probably say Q1 2023 profit and revenue fell due to an industrywide slowdown in semiconductor sales. It's still spending on production expansion.
( 11
min )
U.S. fund managers dropped their allocation to stocks versus bonds to the lowest since March 2009, but it's not just because they're trying to avoid equity losses.
( 12
min )
Here's what you need to know to grow your rainy-day fund so you won't have to fear a little downturn. Benjamin Franklin proved it.
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min )
They’re getting more alike, but credit unions and banks still have some key differences. We list nine ways to decide which is the best fit for your needs.
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min )
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Shares of AT&T (T) plunged 10% after the telecom giant reported disappointing subscriber growth and lower-than-expected revenue.
( 11
min )
A financial windfall like an inheritance or salary bonus can be a wonderful opportunity for investing. But what's the best way to invest your newfound wealth: all at once or little by little? New research from Vanguard suggests that you're … Continue reading → The post Should You Invest All at Once or Spread it Out? Here's What Vanguard Says You Should Consider appeared first on SmartAsset Blog.
( 39
min )
(Bloomberg) -- The raucous debut for China-based U Power Ltd. sent shares soaring 620% and triggered a bevy of halts for volatility as investors flip shares of the newest company to list in the US.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300US, Ukraine Allies Consider Near-Total Ban on Exports to RussiaSpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTech Leads Stocks Lower Wi
( 38
min )
(Bloomberg) -- The turnaround that General Electric Co. has long been promising its investors is finally coming to fruition as the stock crossed an important milestone Thursday. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300US, Ukraine Allies Consider Near-Total Ban on Exports to RussiaSpaceX’s Starship Rocket Explodes Shortly After LiftoffTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTesla Slashes Prices of Key Models Again Ahead o
( 38
min )
(Bloomberg) -- Argentina’s central bank increased its benchmark interest rate by 300 basis points, a person familiar with the decision said, after annual inflation soared and foreign currency reserves slumped.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300US, Ukraine Allies Consider Near-Total Ban on Exports to RussiaSpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTech Leads Sto
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min )
David Trainer, CEO of investment research firm New Constructs, warns that Tesla stock is “highly overvalued” and could sink to $28 per share.
( 40
min )
Staple Street Capital, majority owner of Dominion Voting Systems, backed a high-stakes defamation lawsuit against Fox that produced a $787.5 million settlement.
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min )
Blackstone Inc (NYSE: BX) reported Q1 revenues of $2.49 billion, down 29% Y/Y and missing the consensus of $2.57 billion. Distributable earnings (DE) fell 36% Y/Y to $1.25 billion, mainly on a 58% Y/Y decline in DE from the real estate business. Blackstone has been limiting redemption at its flagship real estate income trust (BREIT) since 2022. Its opportunistic and core real estate funds depreciated by 0.4% and 1.6%, respectively in Q1. DE per share declined 37% Y/Y to $0.97, missing the consen
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min )
David Trainer of New Constructs believes the selloff in Tesla shares isn’t remotely big enough to bring the EV king’s stock in line with its fundamentals.
( 40
min )
Higher interest rates, rising fears of layoffs, and banks pulling back on lending are bad news for Tesla and other automakers, Elon Musk said.
( 39
min )
The Federal Reserve hiked interest rates seven times in 2022 in an attempt to combat inflation, a fight that has proved daunting. Continuing its hawkish stance in 2023, the Fed raised rates at the first two Federal Open Market Committee (FOMC) … Continue reading → The post Will CD Rates Continue to Go Up in 2023? appeared first on SmartAsset Blog.
( 39
min )
Nokia Corp (NYSE: NOK) reported a first-quarter FY23 net sales growth of 10% year-on-year (9% in constant currency) to €5.86 billion. Network Infrastructure sales grew 13% Y/Y in CC. Cloud and Network Services sales increased by 3% Y/Y in CC, while Nokia Tech declined 22% Y/Y as a long-term licensee exercised an option. Mobile Networks sales grew by 13% Y/Y in CC as 5G deployments in India ramped up. Margins: Gross margin declined by 310 bps to 37.5%. Comparable gross margin decreased by 300 bps
( 38
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Philip Morris International Inc (NYSE: PM) reported a first-quarter FY23 sales increase of 3.5% year-on-year to $8.02 billion, missing the analyst consensus estimate of $8.11 billion. Cigarette and Heated Tobacco unit shipment volume in Q1 fell by 1.1% Y/Y, reflecting a 3.1% decline in cigarette shipments. Marlboro cigarette shipment volume decreased by 2.4%. Revenue from smoke-free products accounted for 34.9% of total net revenues. Adjusted operating margin for the quarter compressed from 43.6
( 38
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In a clipped, leaked Zoom call to staff, MillerKnoll CEO Andi Owen told employees to "leave Pity City." The video went viral and Owen has apologized.
( 40
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The first major telecom firm to report first-quarter earnings underscores growing competition as demand drops from pandemic highs when phone and internet use surged.
( 23
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Some combinations are hard to beat. Sun and beer, C-3PO and R2-D2, cream cheese and bagels – all work together in perfect unison. You can throw into that list high yielding dividend stocks and a cheap share price. In the stock market, that’s about as potent a combination you can get. Why is that? Well, first off, you can’t really go wrong with dividend stocks. Investors have the potential to earn returns even if the share price goes down, which is not common elsewhere. And when the price does go
( 40
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The Euro rallied slightly during the trading session on Thursday, but as you can see, we are still very much in choppy range.
( 38
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Comerica, KeyCorp, and Fifth Third Bancorp report results as the sector tries to overcome a crisis of confidence.
( 23
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The latest results from the world’s largest contract chip manufacturer confirm the grim outlook facing the semiconductor industry.
( 27
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The disk-drive maker said it now expects a recovery in demand to begin toward the end of the calendar year.
( 23
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Are you retired but interested in going back to work? Unless you've developed some hobbies or have significant interests outside your career, retirement can be a lonely place. Suddenly, many of your social contacts are gone. Mental and intellectual pursuits … Continue reading → The post Working in Retirement: Why and How You Might Choose to Stay Busy appeared first on SmartAsset Blog.
( 40
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Workers are prematurely tapping their retirement savings, a sign that households are coming under increased financial pressure, a troubling development that's likely to get worse if the U.S. economy falls into recession in the coming months. According to the recent … Continue reading → The post Vanguard Says Workers Are Tapping Retirement Money Early, Recommends These Better Options appeared first on SmartAsset Blog.
( 39
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If you have a high net worth, one of the most powerful tools available to you is a trust. They can help you pass your wealth to your heirs and may be able to shield your money from creditors. However, … Continue reading → The post 6 Trusts for High-Net-Worth Estate Planning appeared first on SmartAsset Blog.
( 40
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The maker of Marlboro cigarettes reported higher-than-anticipated earnings per share.
( 23
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The largest digital asset is falling further from a critical level amid signs of profit-taking and weakening risk sentiment more widely.
( 22
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The world's largest contract chip maker said its first quarter was impacted by weakening macroeconomic conditions and softening end-market demand.
( 23
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Aspiring partners accuse tech giant of copying their ideas; Apple says it plays by the rules.
( 27
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The company kicks off credit card company earnings, with results from Visa and Mastercard coming over the next week.
( 23
min )
The maker of Marlboro cigarettes reported higher-than-anticipated earnings per share.
( 23
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(Bloomberg) -- Blackstone Inc.’s first-quarter profit fell as dealmaking at the world’s largest alternative-asset manager slowed in a tumultuous stretch when rising interest rates roiled markets.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Th
( 39
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(Bloomberg) -- AT&T Inc. missed analysts’ estimates for free cash flow in the first quarter but said it’s still on track to meet the full-year forecast. The shares slid in early trading.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands o
( 38
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The first major telecom firm to report first-quarter earnings underscores growing competition as demand drops from pandemic highs when phone and internet use surged.
( 23
min )
Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, while most other top 10 non-stablecoin cryptocurrencies by market capitalization strengthened. Crypto investors were cautious ahead of Europe’s vote on the Markets in Crypto Assets (MiCA) bill.
( 38
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I love questions that start with an apology. “This is probably a stupid question, but…” is always an indication that what follows won’t be.
( 39
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In its rush into streaming, Disney mishandled three big initiatives. Those unforced errors account for its shockingly poor financial performance over the past three years.
( 45
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Gross profit margins at Tesla fall in the first quarter and the stock tumbles, IBM issues a solid full-year outlook, and Las Vegas Sands says it's seeing a 'robust' recovery in travel and tourism spending in both Macau and Singapore.
( 23
min )
"They [Opendoor] are taking huge losses, and as buying agents, we are all testing their pain threshold" says Chris Davis, a real estate agent in Phoenix.
( 44
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Tesla’s aggressive price cuts took a bite out of its first-quarter profits, but its often-overlooked energy business saw sizable growth this quarter.
( 38
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(Bloomberg) -- Oil retreated for the third time in four days as further signs of a US slowdown overshadowed a substantial draw in crude stockpiles.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next WeekGlobal benchma
( 37
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Meta is expected to cut or relocate its Instagram staff based in London as the tidal wave of layoffs sweeping the tech sector continues.
( 39
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As a way of using social media channels, it was at least on-brand.
( 39
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The world's largest contract chip maker said its first quarter was impacted by weakening macroeconomic conditions and softening end-market demand.
( 23
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(Bloomberg) -- Shares in Asia were broadly lower and US equity futures fell as investors parsed mixed corporate earnings and the latest assessment on the US economy.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next
( 39
min )
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s profit beat expectations after its chip margins held up better than anticipated, assuaging concerns about fallout from a plunge in global electronics demand.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is S
( 39
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(Bloomberg) -- Nokia Oyj reported weaker-than-expected earnings, amid a slowdown in demand for its 5G gear in some of the company’s more mature markets.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next WeekAdjusted
( 38
min )
420, or the numerical expression for April 20, has been slang for smoking marijuana for decades but cannabis ETFs have dropped on that day the past two years.
( 23
min )
Twitter is donderdag begonnen met het verwijderen van de originele blauwe vinkjes. Veel beroemde personen en organisaties zijn hun vinkje, waarmee ze hun echtheid konden aantonen, inmiddels verloren.
( 4
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Enkele duizenden mensen die in de omgeving van Schiphol wonen, krijgen compensatie voor geluidshinder. De toezichthouder had moeten ingrijpen, omdat de luchthaven de geluidsnorm overschreed.
( 4
min )
De onrust in de schoonmaakbranche neemt toe, omdat zo'n 120.000 schoonmakers al een half jaar wachten op een extra loonsverhoging om hun koopkrachtverlies te compenseren. De eerste acties en werkonderbrekingen om de druk op werkgevers op te voeren, hebben inmiddels plaatsgevonden. Dat gebeurde onder meer op luchthaven Schiphol.
( 3
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SpaceX heeft donderdagmiddag voor het eerst zijn volledige Starship de lucht ingestuurd. Maar na een paar minuten explodeerde de raket. Gelukkig ging het om een onbemande testvlucht. Uiteindelijk moet Starship mensen naar de maan en Mars brengen. Maar het ruimtevaartbedrijf van Elon Musk heeft al de nodige tegenslagen te verwerken gehad.
( 6
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De onrust in de schoonmaakbranche neemt toe, omdat zo'n 120.000 schoonmakers al een half jaar wachten op een extra loonsverhoging om hun koopkrachtverlies te compenseren. De eerste acties en werkonderbrekingen om de druk op werkgevers op te voeren, hebben inmiddels plaatsgevonden. Dat gebeurde onder meer op luchthaven Schiphol.
( 3
min )
SpaceX heeft maandagmiddag voor het eerst zijn volledige Starship de lucht ingestuurd. Maar na een paar minuten explodeerde de raket. Gelukkig ging het om een onbemande testvlucht. Uiteindelijk moet Starship mensen naar de maan en Mars brengen. Maar SpaceX-baas Musk heeft al de nodige tegenslagen te verwerken gehad.
( 5
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Ruim een miljoen mensen heeft Geldfit in het afgelopen kwartaal om hulp gevraagd vanwege hun financiële situatie. Geldfit is een initiatief van de Nederlandse Schuldhulproute (NSR), een samenwerkingsverband van schuldhulpverleners, gemeenten en bedrijven.
( 3
min )
De nieuwe, snellere trein van NS wordt vandaag opnieuw getest op het traject tussen Amsterdam Centraal en Rotterdam Centraal. De zogeheten Intercity Nieuwe Generatie reed woensdag ook al wat testritjes, maar moest daarmee stoppen omdat er problemen waren met de deuren.
( 3
min )
Tesla-topman Elon Musk vindt hogere verkopen op dit moment even belangrijker dan winst. Daarom gaan de prijzen bij de Amerikaanse automaker voor de zesde keer in korte tijd omlaag. Dat moet de verkopen in belangrijke markten als de Verenigde Staten en China opkrikken.
( 3
min )
Consumenten waren in april opnieuw minder pessimistisch over de economie dan een maand eerder. Het consumentenvertrouwen liet voor de zesde maand op rij een lichte verbetering zien. Statistiekbureau CBS merkt ook dat de koopbereidheid is verbeterd, vermoedelijk vanwege de lagere energieprijzen.
( 3
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In Nederland is 3,5 procent van de beroepsbevolking werkloos. Dat betekent dat zo'n 357.000 mensen geen werk hebben, terwijl ze dat wel zouden willen. Het aantal WW-uitkeringen steeg met 2,8 procent, blijkt uit cijfers van statistiekbureau CBS.
( 3
min )
Erotische speeltjes als vibrators zijn ook na de coronapandemie in trek. EasyToys, marktleider op het gebied van erotische producten, behaalde afgelopen jaar een omzetstijging van 10 procent ten opzichte van het jaar ervoor.
( 3
min )
Wie vorig jaar de digitale wachtrij overleefde én aan de eisen voldeed, ontving gemiddeld 800 euro STAP-budget. Zo'n 214.500 aanvragers werden verblijd met bij elkaar bijna 173 miljoen euro studiegeld.
( 3
min )
De dekkingsgraden van de vijf grootste pensioenfondsen in ons land zijn in de afgelopen drie maanden iets gestegen. De dekkingsgraad laat zien of een fonds voldoende geld in kas heeft om uit te keren aan huidige en toekomstige gepensioneerden.
( 3
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Erotische speeltjes als vibrators zijn ook na de coronapandemie in trek. EasyToys, marktleider op het gebied van erotische producten, behaalde afgelopen jaar een omzetstijging van 10 procent ten opzichte van het jaar ervoor.
( 3
min )
In Breda staat een robot die iPhones op een speciale manier uit elkaar kan halen. De telefoon wordt niet alleen gesloopt, maar veertien verschillende soorten materialen worden gescheiden om gerecycled te worden. NU.nl krijgt een uniek kijkje in de fabriek van Apple.
( 3
min )
(Bloomberg) -- Elon Musk signaled Tesla Inc. will continue to cut prices to stoke demand for its electric vehicles, even at the expense of its industry-leading profit margins.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Star
( 38
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The penalty comes after a group of Senate Republicans in 2021 alleged the data-storage equipment provider continued to sell hard drives to Huawei despite national security restrictions.
( 27
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It’s fair to say Raymond James’ CIO Larry Adam is a big Rolling Stones fan. Either that or Adam just finds their songs to be perfect analogies for the trends exhibited across the investing landscape right now. Against a backdrop of interest rates reaching levels last seen in 2008, Adam says income investors can now ‘Get What They Want’ although the Equity markets are just wishing for the Fed and inflation to ‘Get Off Of Their Cloud.’ As for the Fed itself, it ‘Can’t Get No Satisfaction’… until r
( 39
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Failing to raise the debt ceiling could spark a financial crisis as bad or even worse than 2008, according to top economist Paul Krugman.
( 38
min )
Coinbase's disclosure that it's received a license to operate in Bermuda comes at a time when the U.S. crypto industry is exploring offshore alternatives.
( 38
min )
Amazon.com Inc. Founder Jeff Bezos was always unique, even from a young age. His mother, Jacklyn, remembers his fascination with discovering the way machines and toys worked, which was evident when he attempted to take apart his crib with a screwdriver. Don’t Miss: Qnetic Unveils Revolutionary Flywheel Energy Storage System to Accelerate Renewable Energy Adoption At age 16, Bezos got a summer job at McDonald's Corp. frying burgers in 1980. Despite being a "grill man," his employers kept him away
( 38
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(Bloomberg) -- Microsoft Corp. said its social media planning and scheduling tools for advertisers will no longer support Twitter, after the Elon Musk-owned social network started charging for access to its programming interface. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, U
( 37
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(Bloomberg) -- Canada got over $13.3 billion of investor orders for its largest transaction in the US currency on record, according to a person with knowledge of the matter, as the inversion in the Treasury yield curve continues diving. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Na
( 37
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Bed Bath & Beyond is preparing a bankruptcy filing for as early as this weekend as its falling stock price makes it near impossible to raise enough capital to avert default, according to people familiar with the matter.
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Competition among telecom providers is increasing, and analysts expect demand to swing back toward normal levels after a pandemic-era surge.
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Taylor Swift was “the one person” who asked if she'd be promoting unregistered securities, according to the lawyer leading the costly class action lawsuit against FTX’s celebrity ambassadors.
( 13
min )
Price reductions across the model lineup cut into Tesla's first-quarter net income, causing it to fall 24% from a year ago. Revenue rose 24% to $23.33 billion, but the company's operating profit margin fell. Tesla made an adjusted 85 cents per share in the first quarter, matching analyst estimates, according to FactSet.
( 38
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The EV maker reported profit margins that came in well below forecasts.
( 23
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The legacy tech company 's profits topped estimates, but sales were a little light. The company repeated its full-year guidance for free cash flow.
( 23
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Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.
( 40
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Constellium, Copper Mountain Mining, and BHP Group lead industry by revenue
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Catalyst Pharmaceuticals, Mersana Therapeutics, and Harmony Biosciences lead industry in revenue growth
( 16
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The greenback could keep falling, which would provide a boost for companies that get sales outside the U.S.
( 23
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(Bloomberg) -- Last month’s banking drama means a technical tidal wave may be coming for the biggest slice of the $10 trillion market for corporate bonds.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Worthless Degrees Are Creating an Unemployable Generation in IndiaTesla Slashes Prices of Key Models Again Ahead of EarningsIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next WeekThat’s
( 38
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Most billionaires don’t get to where they are by earning a salary. And that also means they might pay less income tax than Americans who make a living through wages. According to a report from ProPublica, some billionaires in the U.S. paid little or no income tax relative to the vast amount of wealth they have accumulated over the years. The report noted that Amazon.com Inc. Founder Jeff Bezos “did not pay a penny in federal income taxes” in 2007 and 2011. It also pointed out that Tesla Inc. CEO
( 39
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The Apple chief executive’s visit comes as the iPhone maker wants to expand its manufacturing footprint and smartphone sales.
( 27
min )
Rupert Murdoch’s bill for settling defamation lawsuits against Fox News is likely to eclipse the £1bn paid out in the wake of the phone-hacking scandal.
( 38
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The stock surged as bullish retail investors rallied behind the embattled retailer.
( 22
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The head of Boeing, for whom Spirit builds the MAX fuselage, this week stuck by production increase plans.
( 15
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This promotional CD offers an APY that’s more than three times the national average. We’ll help you decide if it’s the right move for you.
( 40
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I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.
( 39
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Tesla slashed US prices for some Model 3 and Model Y vehicles for the sixth time this year, according to its website, as the world’s largest electric vehicle (EV) manufacturer looks to increase demand. The decision comes on the eve of its first quarter earnings report, which is expected to show a dip in profit.
( 39
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Bull or bear market, no investment is a sure thing. Especially in the current financial environment, which remains riddled with uncertainty, finding compelling plays can be challenging for even the most seasoned market watchers. However, this is not to say that investment opportunities with stand-out growth prospects can’t be found. For the more risk-tolerant investor, penny stocks, or tickers trading for less than $5 per share, can be an enticing option. The appeal is clear; the bargain price t
( 41
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Bloomberg Meta Sharpens Knives On Facebook, WhatsApp, Instagram And Reality Labs Workforce: Begin Next Round Of Layoff Meta Platforms Inc (NASDAQ: META) notified managers to prepare to announce job cuts on Wednesday under a cost-cutting push likely to pare 10,000 positions at the company. The downsizing will impact Facebook, WhatsApp, Instagram, and Reality Labs, which houses the firm's virtual reality efforts and Quest hardware. The memo indicates Meta will restructure teams and reassign the re
( 40
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The health insurer’s operating revenue in the first quarter was lifted by membership growth in Medicaid and Medicare Advantage.
( 26
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Healthcare stocks have sputtered this year after performing well in 2022. A Barron's screen has identified stocks that are poised to outperform for the rest of the year.
( 23
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Big Tech companies are suffering amid muted advertising spending. Layoffs they said they were planning are now being implemented.
( 23
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U.S. Bancorp (NYSE: USB) clocked a first-quarter total net revenue increase of 28.2% year-over-year to $7.18 billion, beating the consensus of $7.12 billion. Net interest income jumped 46% to $4.63 billion, while noninterest income rose 4.6% to $2.51 billion. Provision for credit losses in the quarter under review jumped to $427 million, compared with $112 million in the year-ago period. This was driven by the acquisition of MUB and continued economic uncertainty. While credit quality factors ha
( 38
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Elevance Health Inc (NYSE: ELV) has reported Q1 FY23 adjusted EPS of $9.46, up 15.5% Y/Y, beating the consensus of $9.26. Revenue is up 10.7% to $42.17 billion, beating the expectations of $40.83 billion, driven by higher premium revenue due to membership growth in Medicaid and Medicare Advantage and premium rate increases in the Health Benefits business. Operating revenue increased 10.6% to $41.89 billion, attributable to growth in pharmacy product revenue within CarelonRx driven by growth in m
( 38
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If you worked in a job with a pension, this means you will receive ongoing benefits once you retire. A critical part of estate planning, then, will be figuring out what happens to that money when you die. The answer … Continue reading → The post What Happens to Your Pension When You Die? appeared first on SmartAsset Blog.
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After years of scrimping and saving, investing wisely and working diligently your reward could be the luxury of an early retirement – and a big drop in your IQ. New research conducted by faculty at Binghamton University, State University of New … Continue reading → The post Will Early Retirement Rot Your Brain? appeared first on SmartAsset Blog.
( 38
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Receiving an inheritance could provide an unexpected (or anticipated) financial windfall. There's just one thing you may have to contend with – people attempting to steal what you've inherited. Inheritance theft is sometimes a very real problem for people who … Continue reading → The post Understanding Inheritance Theft Laws appeared first on SmartAsset Blog.
( 40
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My wife and I currently have roughly $250,000, with half in our Roth individual retirement account (IRA) and a few small annuities, and the other half in various checking accounts and a money market account. We are both retired, have … Continue reading → The post Ask an Advisor: My Investments Are ‘Dwindling Away Slowly.' Should We Flee to Cash? appeared first on SmartAsset Blog.
( 39
min )
The cash-strapped drugstore chain is looking for a permanent leader amid declining demand and looming legal challenges.
( 25
min )
Intuitive's strong results in the quarter ending March were largely driven by the 26% growth in its robotic surgical system da Vinci's procedure volumes.
( 22
min )
Abbott says it's making good progress in recovering market share in its pediatric nutrition business after an issue over baby formula last year.
( 23
min )
Intel has announced it would shut down its Bitcoin mining chip production a year after launch.
( 38
min )
Taylor Swift’s inquisitiveness saved her from jumping on the doomed FTX bandwagon.
( 38
min )
The bank said investment banking revenue declined 24% for the latest quarter, following similar drops at other big banks.
( 26
min )
(Bloomberg) -- Ally Financial Inc.’s profit fell more than analysts expected as it made fewer auto loans and put aside additional provisions to cover mounting consumer defaults.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Worthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysRussian Memo Said War Leaves Moscow Too Reliant on Chinese TechFox to Pay $787 Million to Settle Election
( 38
min )
The Federal Deposit Insurance Corp. forecasts a $3.3 billion net loss for its deposit-insurance fund.
( 26
min )
Morgan Stanley reports first-quarter earnings of $3 billion, or $1.70 a share, on revenue of $14.5 billion.
( 23
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(Bloomberg) -- The chorus of stock bulls predicting US equities will weather a recession has got it wrong, if history is any guide.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300India Passes China as World’s Most Populous Nation, UN SaysRussian Memo Said War Leaves Moscow Too Reliant on Chinese TechFox to Pay $787 Million to Settle Election Suit, Dominion SaysOptimists say stocks hit t
( 38
min )
(Bloomberg) -- Meta Platforms Inc. is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg’s goal of greater efficiency.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysRussian Memo Said War Leaves Moscow Too Reliant on Chinese TechAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Apple's AR/VR Headset to Feature S
( 38
min )
More retirement plans will offer annuity options, though so far companies have been slow to sign up.
( 26
min )
Several rounds of price reductions are expected to weigh on the EV maker’s first-quarter results.
( 26
min )
Netflix issues a disappointing second-quarter outlook, Tesla will report earnings after the stock market closes Wednesday, and regional bank Western Alliance says deposits have stabilized.
( 23
min )
(Bloomberg) -- Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates. Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysRussian Memo Said War Leaves Moscow Too Reliant on Chinese TechApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsA Guide to Dat
( 37
min )
The sudden drop on no immediate fundamental catalyst flushed millions of dollars worth of futures positions.
( 38
min )
(Bloomberg) -- Tesla Inc. cut the price of its highest-volume models yet again in a further sign Chief Executive Officer Elon Musk is willing to sacrifice the electric-car maker’s profitability to stoke demand.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysRussian Memo Said War Leaves Moscow Too Reliant on Chinese TechApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsA Gu
( 38
min )
The company, which supplies essential machines to the semiconductor industry, posts first-quarter sales and profit that top analysts' forecasts.
( 23
min )
(Bloomberg) -- A gauge of Asian equities fell as traders weighed earnings from Wall Street and Chinese stocks were hit by shareholders’ plans to trim their stakes.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsOne Tesla Deal Propels Little-Known Family to $800 Million FortuneApple, Goldman Sachs Debut Savings Account With
( 40
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(Bloomberg) -- Oil was steady as investors weighed signs of shrinking US crude stockpiles against concerns over an uneven demand recovery and the prospect of further monetary tightening.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsOne Tesla Deal Propels Little-Known Family to $800 Million FortuneApple, Goldman Sachs Debu
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(Bloomberg) -- ASML Holding NV forecast better-than-expected second-quarter sales amid strong demand for its chipmaking machines, even as some of its clients are grappling with a slump in the semiconductor industry.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsRussian Memo Said War Leaves Moscow Too Reliant on Chinese Tec
( 39
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Tesla will report earnings after the market closes Wednesday. The car maker's decision to slash prices is expected to hit its profit.
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(Bloomberg) -- Equities and other risk assets will take a hit when central banks withdraw as much as $800 billion of stimulus deployed to prop up the global economy, according to Citigroup Inc.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsOne Tesla Deal Propels Little-Known Family to $800 Million FortuneApple, Goldman Sac
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(Bloomberg) -- The biggest winner from Fox News’ $787.5 million settlement with Dominion Voting Systems Inc. is a New York private equity firm that’s walking away with a return on its investment of more than 1,500%.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysOne Tesla Deal Propels Little-Known Family to $800 Million FortuneApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and Work
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Widely varying projections from industry analysts on First Republic's quarterly financial results reflect the uncertainty that exists about the bank's financial condition.
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A survey by Morning Call revealed that concerns about a credit crunch and inflation have consumers feeling worse about their financial well-being.
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Tesla shares dropped as much as 4.5% in after-hours trading after the company reported margins took a hit from a series of price cuts in the first quarter.
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Intuitive Surgical (ISRG) shares jumped 10% after the company reported increasing profits and expanding procedures for its robotic surgical systems.
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U.S. equities indexes finished flat on April 19, 2023, after another round of mixed earnings reports.
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Widely varying projections from industry analysts on First Republic's quarterly financial results reflect the uncertainty that exists about the bank's financial condition
( 11
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A clearing corporation is an organization associated with an exchange to handle the confirmation, settlement, and delivery of transactions.
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We developed criteria to compare auto insurance companies. Learn more about our auto insurance company review methodology.
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Taylor Swift was “the one person” who asked if she'd be promoting unregistered securities, according to the lawyer leading the costly class action lawsuit against FTX’s celebrity ambassadors.
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Constellium, Copper Mountain Mining, and BHP Group lead industry by revenue
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Biggest declines were in Bay Area and cities that boomed during the pandemic
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Catalyst Pharmaceuticals, Mersana Therapeutics, and Harmony Biosciences lead industry in revenue growth
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The telecommunication sector consists of companies that transmit data in words, voice, audio, or video across the globe.
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Mortgage rates moved higher again for most loan types, with the 30-year and 15-year fixed-rate averages climbing to their most expensive level in five weeks.
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Home equity loans and home equity lines of credit (HELOCs) offer homeowners a way to access cash. Find out which one might be right for you.
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SAP's cloud business could grow in a challenging macro environment on the release of a new ERP software system in Q1.
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Positive correlation is a relationship between two variables in which both variables move in tandem.
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A key provision of the Inflation Reduction Act includes a tax credit on new and used electric vehicles (EVs), designed to tackle climate change and boost U.S. auto manufacturing.
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Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.
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Income inequality refers to how unevenly income is distributed in a population. The less equal the distribution, the greater the income inequality.
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The number of houses in some stage of the foreclosure process rose to 36,617, up 20% from March 2022 though still below the 48,004 in February 2020, according to data from ATTOM.
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New York City had the most millionaires in the world, but the Bay Area is host to the largest amount of billionaires.
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Central Bank Digital Currency (CBDC) is the digital form of a country's fiat currency, which is regulated by its central bank.
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The Lightning Network is the second-layer network for Bitcoin that enables smart-contract functionality for the primary blockchain.
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Digital currencies have garnered an impressive amount of hype, but are they worth it?
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Uitvoeringsinstantie UWV wil in de toekomst niet meer met een afgeschermd nummer bellen. Ook krijgen mensen voortaan eerst een bericht met uitleg waar het gesprek over zal gaan en wordt gezamenlijk een tijd afgesproken waarop het belletje plaatsvindt. Dat moet het UWV minder afstandelijk maken, zegt bestuursvoorzitter Maarten Camps in gesprek met NU.nl.
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Kinderen en jongeren in het aardbevingsgebied ontvangen voortaan dezelfde geldbedragen voor bevingsleed als volwassenen. Ook wordt de regeling voor immateriële schade verruimd. De aanpassingen moeten uiterlijk komende zomer rond zijn.
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Ongeveer zevenhonderd vluchten komen donderdag en vrijdag te vervallen door stakingen van beveiligers op de Duitse luchthavens van Düsseldorf, Hamburg en Keulen-Bonn. Door de acties zullen bijna 100.000 passagiers geraakt worden, laat de Duitse brancheorganisatie voor luchthavens weten.
( 3
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Microsoft mag een datacenter bouwen in Middenmeer. De Omgevingsdienst Noordzeekanaalgebied heeft daarvoor een vergunning verleend, meldt de provincie Noord-Holland. Het is het tweede datacenter van de Amerikaanse techgigant in de regio.
( 2
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De minister van Infrastructuur en Waterstaat moet onderzoek doen naar de kans op vallende vliegtuigonderdelen voor woongebieden rondom Maastricht Aachen Airport. Dat adviseert de Onderzoeksraad voor Veiligheid (OVV) woensdag in een rapport. Het advies volgt op een incident in 2021 in het Limburgse Meerssen. Twee mensen raakten toen gewond doordat onderdelen van een vliegtuigmotor plots uit de lucht vielen.
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De directeur van Tata Steel ziet het op dit moment niet gebeuren dat omwonenden worden gecompenseerd voor de gezondheidsschade. Volgens de directie valt de uitstoot van de fabriek binnen de normen en wordt die alleen maar minder. De staalproducent uit IJmuiden praat er woensdag over in de Tweede Kamer.
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Veel ouders vinden het leuk om foto's en video's van hun kinderen op sociale media te delen. Sommige ouders gaan een stap verder en zetten hun kinderen in als influencer. Daarbij denken ouders vaak niet goed na over wat goed is voor de kinderen - of wat hun privacyrechten zijn.
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De directeur van Tata Steel ziet het niet gebeuren dat omwonenden worden gecompenseerd voor de gezondheidsschade. Volgens de directie valt de uitstoot van de fabriek binnen de normen en wordt die alleen maar minder. De staalproducent uit IJmuiden praat er woensdag over in de Tweede Kamer.
( 5
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Treinreizigers hebben woensdagochtend voor het eerst met de nieuwe, snellere intercitytrein gereisd tussen Amsterdam Centraal en Rotterdam Centraal. Het gaat om een laatste testfase, daarna vervangt de NS de huidige intercity's. Wel duurt het nog even voordat de reistijd korter wordt.
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min )
Al 90.000 mensen hebben een aanvraag gedaan bij het Tijdelijk Noodfonds Energie. Ze hopen daarmee compensatie te krijgen voor hun hoge energierekeningen. Een bijdrage uit het fonds kan oplopen tot honderden euro's.
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De prijzen van goederen en diensten in het Verenigd Koninkrijk waren vorige maand 10,1 procent hoger dan een jaar eerder. Daarmee hebben de Britten de hoogste inflatie van West-Europa, blijkt uit cijfers van het Britse en het Europese statistiekbureau. Onder meer de Brexit speelt een rol bij de prijsstijgingen.
( 3
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Ongerichte reclame voor online gokken is vanaf 1 juli verboden. Dat heeft het ministerie van Justitie en Veiligheid bekendgemaakt. Het verbod moet kwetsbare groepen beter beschermen tegen gokverslaving. Maar er zijn veel uitzonderingen.
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Vanaf komende zomer kun je van je ING-rekening geld opnemen zonder betaalpas, maar met een transactiecode. Die kun je opvragen via de ING-app. Dat bevestigt een woordvoerder van ING aan NU.nl.
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Cybercriminelen zeggen stapels informatie van de KNVB in handen te hebben. Als de voetbalbond geen losgeld betaalt, dreigen die gegevens volgende week op straat te belanden. Wat moet de KNVB nu doen?
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Grotere schepen die via het Panamakanaal willen varen, krijgen vanwege droogte te maken met beperkingen in diepgang. Daardoor moeten ze lichter zijn, wat erop neerkomt dat ze minder goederen kunnen vervoeren.
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Marlboro, Camel, Coca-Cola, Hertog Jan en Campina zijn de merken die vorig jaar de grootste omzet in de supermarkt hebben geboekt. Dat blijkt uit de jaarlijkse Merken Top 100 van marktonderzoeker Circana en vakblad Distrifood, die woensdag is gepubliceerd.
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De achterban van de vakbonden CNV Zorg en Welzijn en die van de FNV hebben in meerderheid ingestemd met het vorige maand bereikte cao-akkoord. Die gaat nu met terugwerkende kracht in per 1 februari. In twee jaar tijd krijgen de werknemers in de zorg er 15 procent loon bij.
( 3
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Veel ouders vinden het leuk om foto's en video's van hun kinderen op sociale media te delen. Sommige ouders gaan een stap verder en zetten hun kinderen in als influencer. Daarbij denken ouders vaak niet goed na over wat goed is voor de kinderen - of wat hun privacyrechten zijn.
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De populariteit van de meivakantie als periode om erop uit te trekken neemt steeds verder toe. Sommige scholen houden de deuren al een week langer gesloten. De reisbranche pleit ervoor om van deze vakantie officieel een veertiendaagse vakantie te maken. Dat zegt directeur Frank Oostdam van reiskoepel ANVR in gesprek met NU.nl.
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Last year was tough for technology stocks, with the tech-oriented NASDAQ index falling 33% by the end of 2022. The index has seen a sharp turnaround these last few months, however, and has posted a 16% gain year-to-date so far. And, with the overall index, there have been some consistent overperformers – which brings us round to the semiconductor chip stocks. The global chip spending reached $570 billion last year and is projected to reach $1 trillion per year by the end of the decade, indicatin
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Charlie Munger is the billionaire extraordinaire who wears many hats, including being the director of Daily Journal Corp. and the longtime vice chairman of the legendary Warren Buffett's holding firm Berkshire Hathaway Inc. His decades-long experience in investing and finance makes him a force to be reckoned with. Don’t Miss: Qnetic Unveils Revolutionary Flywheel Energy Storage System to Accelerate Renewable Energy Adoption Munger has some advice for young investors who are looking to make their
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The bank's CFO emphasized that the bank's net interest income would rise in higher-rate income, even as it was hit by losses on its bond portfolio.
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1 in 4 older Americans may have to work longer or scrimp and save to make ends meet in their golden years, a new study suggests.
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Airplane builder Boeing is increasing its 737 Max production after a manufacturing issue with the fuselage caused a pause in delivery, according to the company's CEO.
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Coinbase CEO Brian Armstrong said the crypto exchange could leave the U.S. if regulatory clarity isn't provided.
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The settlement averts a trial on the voting-machine company’s allegations that it was defamed by network broadcasts after the 2020 presidential election.
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Ray Dalio has taken on a new role as an educator after releasing control of Bridgewater Associates. And he dished out some classic investing advice to ChatGPT over the weekend.
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United Airlines said Tuesday that it lost $194 million in the first quarter but its revenue soared compared with last year, and the airline said consumer demand remains strong despite economic uncertainties. United predicted that results in the April-through-June quarter will be slightly better than Wall Street expects. Like Delta Air Lines, which reported financial results last week, United faces much higher costs for labor and fuel than it did a year ago.
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If you're looking for ways to generate more retirement income, now may be the perfect time to consider an annuity. Payout rates for guaranteed lifetime annuities are currently at their highest levels in over a decade, according to Schwab. While … Continue reading → The post Why Schwab Says Now Is the Right Time to Consider an Annuity appeared first on SmartAsset Blog.
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Baker Hughes reports its results on Wednesday morning, while SLB, the biggest company in the business, will disclose its numbers on Friday.
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If there’s one piece of consistent advice that every investor gets, it’s to never try to ‘time’ the market. Don’t try to buy or sell just at the stock’s inflection point when the momentum turns, because those turning points are impossible to predict. However, when it comes to the stock’s momentum during an upward run, it’s an entirely different tale altogether. Buying in while a stock is on a red-hot run, building momentum, is not only possible, it’s far easier than trying to time a turning poin
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AT&T likely recorded its fastest rate of wireless subscriber growth in more than a decade, about a year after concentrating its focus on the core communications business.
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First-quarter sales were about flat from a year ago when adjusting for acquisitions and foreign exchange.
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Russia has warned Europe that it faces a fresh gas crisis next winter as it scrambles to restock reserves as Vladimir Putin launches a new attempt to weaponise energy.
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Real estate investment trusts (REITs) have been wonderful investments over the years, despite the difficulties encountered more recently due to inflation and interest rate hikes. But it’s important to consider the properties, tenants and contractual agreements that comprise the largest percentage of a REIT’s business. Take a look at one diversified REIT whose tenant base is strong and well-established and whose last 14-year total return has been extraordinary. W.P. Carey Inc. (NYSE: WPC) is a Ne
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CEO Dave Calhoun made the comments during the company's annual meeting of shareholders. Boeing reports first-quarter numbers on April 26.
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(Bloomberg) -- Bank of America Corp. clients pulled out of US equities for a third consecutive week, even as the stock market extended this year’s push higher.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaFox to Pay $787 Million to Settle Election Suit, Dominion SaysApple's AR/VR Headset to Feature Sports, Gaming, iPad Apps and WorkoutsRussian Memo Said War Leaves Moscow Too Reliant on Chinese TechOne Tesla Deal Propels Little-Known Family to $800 Mill
( 38
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The number of companies failing in March hit a four-year high as businesses battle against surging costs and difficulties securing finance amid this year's banking turmoil.
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It will be the streaming giant's first earnings call without founder Reed Hastings, who is now executive chairman.
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Most Tesla cars still qualify, as do all of GM's EVs, but the Rivian R1S and R1T no longer qualify for any electric-vehicle purchase-tax credits.
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(Bloomberg) -- Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc. Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOne Tesla Deal Propels Little-Known Family to $800 Million FortuneFirst Republic Worked Hard to Woo Rich Clients. I
( 38
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(Bloomberg) -- Shares of Nuvei Corp. slipped, then recovered after short seller Spruce Point Capital Management published a negative report, on the heels of Hollywood actor Ryan Reynolds’ announcement that he’s an investor in the Canadian payments firm.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOne Tesla Deal Propels Little-Known Family to $800 Million FortuneFirst Republic Worked Har
( 38
min )
(Bloomberg) -- U.S. Auto Sales, a car dealer that caters to consumers regardless of their credit history, has temporarily closed its dealerships as pressures in the auto market rapidly mount.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOne Tesla Deal Propels Little-Known Family to $800 Million FortuneFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingChatGPT Can De
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Options can be a way for investors to take some of the edge of off a volatile earnings season.
( 23
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China revealed new details of sanctions it previously announced against two U.S. weapons manufacturers Tuesday, including a ban on Chinese companies doing business with them. China imposed trade and investment sanctions in February on Lockheed Martin and Raytheon Technologies Corp.’s Raytheon Missiles & Defense for supplying weapons to Taiwan, the self-governed island claimed by China.
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(Bloomberg) -- Brookfield Corp. funds have defaulted on a $161.4 million mortgage for a dozen office buildings, mostly around Washington, DC, as rising vacancies hit property values.Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOne Tesla Deal Propels Little-Known Family to $800 Million FortuneFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels
( 37
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Johnson & Johnson (NYSE: JNJ) has reported Q1 FY23 adjusted earnings of $2.68 per share, up 0.4% Y/Y and beating the consensus of $2.51. Sales increased 5.6% to $24.75 billion, beating the consensus of $23.67 billion, with operational growth of 9.0% and adjusted operational growth of 7.6%. "Our first quarter results demonstrate strong performance across all three segments of our business and reflect the dedication of Johnson & Johnson colleagues around the world," said Joaquin Duato, Chairman &
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Investing is often a game in reverse psychology. There’s a natural tendency to chase stocks that are outperforming the market, but the savvy investor will know that finding the ones languishing in the doldrums could potentially generate the best returns. The key of course is to sort the wheat from the chaff and find the beaten-down names that for one reason or another are severely undervalued. This is where Wall Street’s stock pros come in handy. They can point investors toward such temporarily
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Being rich and being wealthy are often seen as being the same thing. After all, people who are rich or wealthy tend to have more assets and greater financial freedom than the typical person. In reality, there are some major … Continue reading → The post Key Differences Between Rich and Wealthy People appeared first on SmartAsset Blog.
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Bank of America said its profits grew 15% last quarter, the latest of the big banks to do exceptionally well this earnings season as investors and consumers flock to Wall Street for safety after the failure of Silicon Valley Bank and Signature Bank. On a per-share basis, BofA earnings rose to 94 cents from 80 cents. Like its major competitors, BofA has benefitted from wealthy clients, businesses and other customers running to the bank as a place of safety after last month's bank failures.
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Apple is getting a sweet slice of the personal finance pie without much risk and while offering little in the way of innovation.
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One analyst described the similarities between Bitcoin's price action now and in the previous bear market—suggesting a big spike could lie ahead.
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min )
GSK Plc (NYSE: GSK) has agreed to acquire the late-stage biopharmaceutical company BELLUS Health Inc (NASDAQ: BLU) for $14.75 a share in cash, representing a total equity value of around $2.0 billion (£1.6 billion). The pharmaceutical giant said the deal would provide access to camlipixant, a treatment for refractory chronic cough in phase 3 development. Following the anticipated regulatory approval and launch of camlipixant in 2026, the company's acquisition is expected to be accretive to adjus
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Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio.
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The bank reported earnings of $8.78 a share on revenue of $12.22 billion in the first quarter.
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A discerning approach is warranted even as Merck lifts the sector with a deal for a company without any approved products.
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CEO William Li believes his company's products and services are good enough to maintain their prices while Tesla puts pressure on the industry.
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First-quarter earnings were wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments.
( 23
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Johnson & Johnson beat first-quarter expectations, as growth in the health care giant's home market helped counter another revenue hit overseas from a strong dollar. The health care giant booked a $68 million loss on a one-time charge in the quarter, and revenue grew more than 5% to $24.75 billion. Adjusted earnings totaled $2.68 per share.
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McCarthy calls for spending cuts to raise debt ceiling, Tesla margins set to decline, bank outflows, and other news to start your day.
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The two sides are to negotiate a new five-year deal as the Teamsters seek an end to the two-tier wage system.
( 23
min )
The Berkshire Hathaway head hinted in a recent interview that his interest in Japan’s trade giants goes beyond just holding their stocks.
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Bank of America, Goldman Sachs, and Johnson & Johnson are scheduled to report quarterly earnings before the stock market opens Tuesday, while Netflix and United Airlines will be issuing reports after Wall Street closes.
( 23
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Elon Musk spoke about his AI ambitions in an interview with Fox News Channel's 'Tucker Carlson Tonight,' suggesting another politically controversial move for the Tesla CEO.
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(Bloomberg) -- The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves, according to Stephen Jen. Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOne Tesla Deal Propels Little-Known Family to $800 Million FortuneFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA
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min )
The performance of Chinese stocks is mixed as investors digest disappointing economic data including industrial output and fixed-asset investment growth.
( 22
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Here is your daily Pro Recap of the biggest analyst picks you may have missed since yesterday’s close: Nvidia's double upgrade, plus upgrades for Comcast, Emerson and more. HSBC upgraded Nvidia (NASDAQ:NVDA) to Buy from Reduce and raised its price target to $355.00 from $175.00. Earlier this month, BofA Securities reported that its Steam survey showed Nvidia's strong share gains are continuing, with the biggest takeaway being the company's surprising jump in GPU share to 82.6% of gamers, up 700bps month-on-month.
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min )
Among the stocks Goldman Sachs has in its dividend growth basket are Home Depot, which yields 2.9% and Ford Motor, which yields 4.8%
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(Bloomberg) -- China’s energy and commodities output roared ahead in March as producers rushed to feed a revival in economic activity.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOnly 10 Electric Vehicles Qualify for Full $7,500 US Tax CreditChatGPT Can Decode Fed Speak, Predict Stock Moves From HeadlinesThe increases
( 39
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(Bloomberg) -- A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors in global bond markets.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOnly 10 Electric Vehicles Qualify for
( 39
min )
Apple partnered with Goldman Sachs on the high-yield savings account, which offers an interest rate of 4.15%.
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min )
(Bloomberg) -- BlackRock Inc. strategists are ditching the 60/40 portfolio in favor of public and private investments as well as tactical holdings of bonds to navigate higher interest rates.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesOnly 10 Electric Vehicles Qualify for Full $7,500 US Tax CreditApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldBud Light Kicked a Ho
( 38
min )
Vetle Lunde, who last week predicted bitcoin would reach $45,000 in May, said that markets seem to have stabilized as “rotten fruits” have been washed out of the industry.
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Brazil, Russia, India, and China together are expected to contribute nearly 40% of the world's growth through 2028, the group said.
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Goldman Sachs (GS) reported a year-over-year drop in EPS and revenue, sending shares of the financial firm around 2% lower on April 18, 2023.
( 10
min )
A data connection issue led to delays for Southwest (LUV) flights on April 18, 2023, sending shares of the air carrier lower.
( 10
min )
The FDIC's monthly report on average CD interest rates shows growth momentum has begun to slow, and 3-month, 6-month, and 1-year terms increased the most.
( 10
min )
U.S. equities indexes finished flat on April 18, 2023, as several key financial companies released quarterly results.
( 10
min )
Economic indicators are valuable tools investors can place in their arsenals. Understanding these tools can help improve your investment returns.
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min )
Coinbase CEO Brian Armstrong said the crypto exchange could leave the U.S. if regulatory clarity isn't provided.
( 11
min )
Tuesday's executive order from President Biden aims to make care for children, elderly, and disabled people more affordable, though it is less ambitious than a previous plan he had proposed.
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min )
Swing trading is one of the most popular trading methods in the market, but before you can start, you will need to know how to open a swing trading account.
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Profit margin gauges the degree to which a company or a business activity makes money. It represents the percentage of sales that has turned into profits.
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Six Sigma, a quality-control methodology first developed for manufacturing, is now used by business and organizations of all types.
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min )
Jobless claims are a statistic reported weekly by the U.S. Department of Labor that counts people filing to receive unemployment insurance benefits.
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min )
Horizontal integration and vertical integration are different strategies that help businesses grow through acquisitions. Learn more about each and find out how they differ.
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min )
Capital budgeting is a process that businesses use to evaluate the potential profitability of new projects or investments. Here are three widely used methods.
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min )
Single family starts rose 2.7% from previous month, while multifamily dropped 5.9%
( 11
min )
The unemployment rate is a closely followed indicator, used by businesses, investors, and others to gauge the state of the U.S. economy.
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min )
AT&T likely recorded its fastest rate of wireless subscriber growth in more than a decade, about a year after concentrating its focus on the core communications business.
( 11
min )
The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
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Most mortgage averages rose for a second day, with the 30-year average climbing to its highest level in close to four weeks.
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Unemployment is the term for when a person who is actively seeking a job is unable to find work.
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An exchange-traded fund (ETF) is a basket of securities that tracks an underlying index. ETFs can contain investments such as stocks and bonds.
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If you are considering opening an IRA and are a 20-something, a Roth IRA could be the best choice because of its unique tax advantages.
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Higher labor and fuel costs probably offset a gain in revenue for United Airlines, even as loss narrowed from a year ago
( 11
min )
The S&P 500 Index has had a number of outperformers in the past quarter century. But none better than a popular energy drink marketer.
( 12
min )
Regional and mid-sized banks likely will continue seeing a profit boost from substantial net interest income growth in the first quarter, but it's not likely to last.
( 12
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The Clayton Antitrust Act is designed to promote business competition and prevent the formation of monopolies and other unethical business practices.
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Both return on equity (ROE) and return on assets (ROA) measure performance, but sometimes they tell a very different story. This is why they’re best used together.
( 15
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De koopkracht van de gemiddelde Nederlander is bijna de hoogste van de Europese Unie. We moesten vorig jaar alleen Luxemburg, Ierland en Denemarken voor ons dulden, blijkt uit cijfers van statistiekbureau CBS. Onderaan de lijst bungelt Bulgarije.
( 3
min )
Het wodkamerk Absolut Vodka staakt de export naar Rusland. De beslissing volgt op kritiek die ontstond toen moederbedrijf Pernod Ricard liet weten tóch nog wodka aan Rusland te leveren.
( 3
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De Europese Commissie heeft dinsdag invallen gedaan bij verschillende bedrijven die actief zijn in de mode-industrie. Dat gebeurde in meerdere landen in de Europese Unie.
( 3
min )
Asielzoekers hebben het recht om meer dan 24 weken per jaar te werken. Dat heeft de rechtbank in Arnhem besloten in een bodemprocedure die de organisatie Refugee Connect heeft aangespannen.
( 3
min )
De grote bezuinigingen op de jeugdzorg die de komende jaren gepland stonden, worden deels teruggedraaid. Dat is de uitkomst van lang onderhandelen tussen staatssecretaris Maarten van Ooijen (Jeugdzorg) en de Vereniging Nederlandse Gemeenten (VNG). Het besluit is een belangrijke stap in de voorgenomen verbeteringen voor de vastgelopen jeugdzorg.
( 6
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Reizigers die donderdag en vrijdag vliegen vanaf de luchthavens in Düsseldorf, Hamburg en Keulen-Bonn kunnen te maken krijgen met geannuleerde vluchten of lange wachttijden. De Duitse vakbond Verdi waarschuwt dat werknemers van verschillende beveiligingsafdelingen het werk neerleggen.
( 2
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Bedrijven verhuizen nog niet massaal naar landen met een minder streng klimaatbeleid. Volgens een onderzoek van het Centraal Planbureau (CPB) is er nauwelijks bewijs dat zulk beleid de winst, omzet of productiviteit van een gemiddeld industriebedrijf benadeelt.
( 3
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Bedrijven en burgers gaan betalen voor de broeikasgassen die ze uitstoten. Dat heeft het Europees Parlement in Straatsburg dinsdag besloten bij een stemming over wetgeving die de CO2-uitstoot in de Europese Unie moet terugdringen.
( 3
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In de Tweede Kamer is onenigheid ontstaan over nieuwe regels voor huurcontracten voor huizen in de vrije sector. VVD en CDA stellen voor het opzeggen van sommige huurcontracten makkelijker te maken. ChristenUnie en PvdA staan nu op hun achterste poten, net als huurders, gemeenten en woningcorporaties. Wat is er aan de hand?
( 5
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De rentemarge bij banken zit voor het eerst in vijf jaar weer in de lift. Dat is het verschil tussen wat de bank ontvangt op verstrekte leningen en betaalt op aangetrokken spaargeld.
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De Nederlandse bouwsector kan het over een paar jaar erg moeilijk krijgen als het Nederlandse oppervlakte- en grondwater niet verbetert. Daarvoor waarschuwt branchevereniging Bouwend Nederland.
( 4
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Luchtvaartmaatschappij KLM heeft de financiële relatie met de overheid beëindigd en zal in geval van nood een beroep op een groep banken doen. Dit betekent dat de voorwaarden die de Staat aan de financiële ondersteuning heeft verbonden ook zijn vervallen.
( 3
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De Nederlandse bouwsector kan het over een paar jaar erg moeilijk krijgen als het Nederlandse oppervlakte- en grondwater niet verbetert. Daarvoor waarschuwt branchevereniging Bouwend Nederland.
( 3
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Het aantal miljoenenwoningen in Nederland is in 2022 voor het negende jaar op rij gestegen. Er zijn nu bijna 200.000 huizen ter waarde van minstens 1 miljoen euro. In 2013 telde ons land nog maar veertienduizend van zulke huizen, meldt technologiebedrijf Calcasa, dat gespecialiseerd is in de woningmarkt.
( 3
min )
Zo'n 10 procent van de werknemers in Nederland voelde zich in 2022 gediscrimineerd op het werk. 35 procent van hen had naar eigen zeggen te maken met discriminerende opmerkingen, negeren of buitensluiten.
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Het aantal meubelmakers in Nederland is de afgelopen vijf jaar flink toegenomen. Er staan 20 procent meer meubelmakers bij de Kamer van Koophandel (KVK) ingeschreven dan vijf jaar eerder. Daaronder is een grote groep die van hun hobby hun werk heeft gemaakt.
( 3
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Het aantal miljoenenwoningen in Nederland is in 2022 voor het negende jaar op rij gestegen. Er zijn nu bijna 200.000 huizen ter waarde van minstens 1 miljoen euro. In 2013 telde ons land nog maar veertienduizend van zulke huizen, meldt technologiebedrijf Calcasa, dat gespecialiseerd is in de woningmarkt.
( 3
min )
Everyone is talking up the prospect of a recession. Well, actually, not everyone, it seems. In contrast to the widely held view that a recession is now all but inevitable, BlackRock CEO Larry Fink believes otherwise. Fink argues that due to the huge volume of stimulus being directed at the economy from a host of bills, such as the Inflation Reduction Act, the Infrastructure Bill, and the Chips and Science Act, there’s little chance a meaningful recession will materialize. “Those three bills are
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Since 1988, the final rate hike in a tightening cycle has been followed by increases in the price of Brent crude three months later, JPMorgan said.
( 38
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The Nissan Leaf and Volvo S60 join a longer list of EVs that have been kicked off the U.S. Treasury Department's list.
( 39
min )
The actor has invested in a gin company, mobile network and more. Reynolds says he likes less-glamorous, yet important projects with his marketing firm.
( 39
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(Bloomberg) -- Billionaire Robert Friedland warned Canada should not take lightly Glencore Plc’s attempted takeover of Teck Resources Ltd., saying many investors — including himself —would be interested after the miner spins out its coal business.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesBud Light Kicked a Hornet’s Nest and Ran AwaySchwab Leaders Say Firm Can Weather Storm After
( 38
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(Bloomberg) -- Wells Fargo & Co. tapped the high-grade corporate bond market Monday, the first large US lender to sell bonds since the collapse of Silicon Valley Bank. Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesBud Light Kicked a Hornet’s Nest and Ran AwaySchwab Leaders Say Firm Can Weather Storm After Deposit DropIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchThe
( 39
min )
(Bloomberg) -- Investors cheering the gains in technology stocks this year may not have much more to celebrate, according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesOnly 10 Electric Vehicles Qualify for Full $7,500 US Tax CreditApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldBud Light Kicked a Hornet’s Nest and Ran AwayTe
( 39
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Apple's new savings account offers a competitive 4.15% interest rate, but 17 high-yield savings accounts pay at least 4.50%, with some rates as high as 5.00%, earning you more.
( 10
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The company is the last of the big pharmaceutical conglomerates, Rivals such as Pfizer have stripped away all but their core biopharma businesses.
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Hollywood star Ryan Reynolds, best known for his work as Deadpool, is also an entrepreneur who has earned millions of dollars from his business ventures.
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Investors want to see the bank report similar results of JPMorgan, Citigroup, and Wells Fargo.
( 23
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(Bloomberg) -- Climbing a wall of worry is one thing. Scaling the towering monolith of skepticism that currently comprises Wall Street’s view of markets takes uncommon courage.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOnly 10 Electric Vehicles Qualify for Full $7,500 US Tax CreditChatGPT Can Decode Fed Speak, Predi
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Today, Apple announced its newest product: a high-yield savings account with a 4.15% APY. Here’s a closer look at what this account is offering and how to decide if it’s right for you.
( 38
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(Bloomberg) -- House Speaker Kevin McCarthy told a Wall Street audience on Monday that the US House will vote in coming weeks on a plan to lift the nation’s borrowing limit, but not without new curbs on spending.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFuel That Powers the
( 39
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The U.S. Treasury released a list of the electric and hybrid vehicles that will have access to up to $7,500 of tax credits.
( 38
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For those following market trends, it has been impossible to ignore the buzz around generative AI (artificial intelligence) in recent months. The craze was set in motion by ChapGPT, Open AI’s AI bot that went viral and whose tech now powers Microsoft’s Bing search engine. Afraid of getting left behind, Google has retaliated with its own conversational AI offering, Bard, laying the groundwork for a clash of these Big Tech AI stalwarts. Nvidia (NASDAQ:NVDA) is another tech giant that stands to gai
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Apple Card credit-card holders can open accounts with a 4.15% annual percentage yield.
( 23
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There could be a competitive board election at this company.
( 16
min )
The financial-services firm's profit and revenue both fell short of what analysts expected. Shares are in the red so far this year.
( 23
min )
The new accounts, offered in partnership with Goldman Sachs and available to holders of the Apple Card,, provide an initial yield of 4.15%.
( 23
min )
(Bloomberg) -- Charles Schwab Corp. shares steadied after the company said deposits tumbled 30%, in line with most estimates, and that it’s halting stock buybacks amid the worst US banking turmoil since 2008.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchFuel That Powers the Global Economy Is Flashing Recession SignsMerck-Moderna Vaccine He
( 38
min )
Tesla and GM update for investors about what electric vehicles qualify for what EV tax credits. The news is better for GM.
( 23
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The Chinese electric-vehicles company said its Smart Electric Platform Architecture 2.0 will shorten the R&D cycle for future models by 20% and reduce manufacturing costs.
( 22
min )
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The deal for Prometheus is expected to close in the third quarter.
( 10
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Calhoun has gotten the company back on track–but the specter of persistent supply chain woes means more turbulence could be on the horizon.
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The new accounts, offered in partnership with Goldman Sachs and available to holders of the Apple Card,, provide an initial yield of 4.15%.
( 23
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Apple Card customers in the U.S. can open a savings account and earn interests starting today. When the company originally announced the new financial product back in October, Apple said that it couldn’t share what interest rate would be paid out on these accounts because rates are fluctuating so much these days. As of today, Apple is going to offer a APY of 4.15%.
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Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering dividends of at least 12% yield – that’s almost 7x higher the averag
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min )
New restrictions on qualifying for the up to $7,500 EV tax credit means that only U.S. brands currently qualify.
( 25
min )
The Delaware judge overseeing a voting machine company's $1.6 billion defamation lawsuit against Fox News put off the opening of the trial Monday for one day, without any explanation. Lawyers for Fox and Dominion Voting Systems would not comment on Delaware Superior Court Judge Eric Davis' decision or on reports that settlement talks may be ongoing. Davis said that delays in a long trial are not unusual and are built into the timeline.
( 39
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(Bloomberg) -- David’s Bridal LLC filed bankruptcy for the second time and could close all of its nearly 300 stores if the company is unable to find a buyer in the coming weeks. Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchFuel That Powers the Global Economy Is Flashing Recession SignsMerck-Moderna Vaccine Helps Keep Patients Free From Sk
( 37
min )
The gap, at 3.4% as of the close on Friday, is normally between zero and 1%. The reason for the recent strength in the A shares is unclear.
( 23
min )
(Bloomberg) -- The first wave of academic research applying ChatGPT to the world of finance is arriving — and judging by early results, the hype of the past few months is justified.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingFuel That Powers the Global Economy Is Flashing Recession SignsMerck-Moderna Vaccine Helps Keep Patients Free From
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One worker said they were “shocked and disappointed” after staff bonuses were reportedly cut following a fatal workplace accident.
( 39
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State Street posts first-quarter diluted earnings of $1.52 per share, missing analysts' expectations of $1.64 per share.
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min )
Inflation has finally caught up to convenience stores.
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The strong report will give investors' confidence in the regional lender a boost following trouble in the wider banking sector earlier this year.
( 23
min )
The Chinese electric-vehicles company said its Smart Electric Platform Architecture 2.0 will shorten the R&D cycle for future models by 20% and reduce manufacturing costs.
( 23
min )
(Bloomberg) -- One of the most important numbers in Apple Inc.’s upcoming earnings report has nothing to do with iPhones or Mac computers. It’s the amount of money the technology giant plans to spend repurchasing its own shares.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchFuel That Powers the Global Economy Is Flashing Recession SignsMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerA $300,000 Sal
( 39
min )
Merck is acquiring Prometheus for $10.8 Billion, Musk Eyes AI, and other news to start your day.
( 23
min )
Bitcoin's rise above $30,000 has spurred calls of a new crypto bull market. But moving higher from there has proved tough so far.
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min )
(Bloomberg) -- The question of when the US could default will come into sharp relief this week when the Treasury reveals how big its tax take is likely to be.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerFuel That Powers the Global Economy Is Flashing Recession SignsA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesWith the political ba
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Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting their own barrels at market rates, boosting their profits.
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min )
Merck agrees to buy Prometheus Biosciences for about $10.8 billion, and Charles Schwab reports quarterly earnings on Monday, kicking off a busy week for corporate results.
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min )
Many companies gave up selling policies years ago when low interest rates hit their profits and stock prices.
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min )
(Bloomberg) -- Apple Inc.’s sales in India hit a new high of almost $6 billion in the year through March, highlighting the market’s increasing importance for the iPhone maker as Chief Executive Officer Tim Cook arrives in the country to open its first local stores.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerFuel That Powers the Global Economy Is Flashing Recession SignsA $300,000 Salary Feels Like $100,000 in
( 39
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(Bloomberg) -- Teck Resources Ltd.’s controlling shareholder has given his clearest indication yet that the company will be up for sale, but only if investors throw their support behind a plan to split the Canadian miner in half.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingFuel That Powers the Global Economy Is Flashing Recession SignsMer
( 39
min )
(Bloomberg) -- A trickle of reports last week — some of them unscheduled — gave a foretaste of the opportunities and risks that lie in store for European companies as the first-quarter earnings season gets under way.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerFuel That Powers the Global Economy Is Flashing Recession SignsA $300,000 Salary Feels Li
( 40
min )
(Bloomberg) -- Video game maker Sega Sammy Holdings Inc. offered to buy Rovio Entertainment Oyj in a deal that values the Finland-based Angry Birds-creator at about €706 million ($776 million).Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerFuel That Powers the Global Economy Is Flashing Recession SignsA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesIn Morgan Stanley CEO Race, Wealth Boss Emerges a
( 39
min )
(Bloomberg) -- The European Central Bank is set for three more quarter-point increases in interest rates in May, June and July, economists polled by Bloomberg say. Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFuel That Powers the Global Economy Is Flashing Recession SignsIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchThat would take
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Here is your Pro Recap of the biggest dividend hikes and special dividends you may have missed this week. Tanger Factory Outlet Centers (NYSE:SKT) hiked its dividend by 11.4% to $0.245 per share, or $0.98 annualized, for an annual yield of 5%. The dividend will be payable on May 15, 2023, to stockholders of record on April 28, 2023, with an ex-dividend date of April 27, 2023.
( 38
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Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.
( 37
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Nearly half a million landlords are expected to sell up in the next five years, as the baby boomer generation retires and cashes in their nest eggs.
( 38
min )
Bitcoin dipped below US$30,000 in early Monday morning trading in Asia. Ether stalled after strong gains that followed last week’s blockchain upgrade.
( 39
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(Bloomberg) -- Hedge funds are betting the greenback’s longest stretch of weekly declines in almost three years is about to reverse after investors ramped up pricing for Federal Reserve rate cuts to extreme levels.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFuel That Powers the Global Economy Is Flashing Recession SignsIn Morgan Stanley CEO Race,
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min )
(Bloomberg) -- China’s central bank is pouring more liquidity into the financial system while keeping rates unchanged, moving to prevent funding squeezes as demand for credit rebounds. Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerFuel That Powers the Global Economy Is Flashing Recession SignsIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to
( 37
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Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house. The Barkeys, now 56 and 59, had just sold their longtime home in Southern California and paid cash for a house worth about $850,000 near St. Louis, Missouri. “We haven’t been turned down for credit since about 1987,” says Kelly Barkey, remembering when the couple applied for a rewards credit card while she was still a college student.
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(Bloomberg) -- Oil held a fourth weekly gain on signs of a tightening global market as the International Energy Agency warned of higher prices ahead.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerEngaged Couples Issue Verdict on Bed Bath & BeyondFuel That Powers the Global Economy Is Flashing Recession SignsWest Texas Intermediate futures traded abov
( 38
min )
(Bloomberg) -- US stock futures rose slightly and major currencies held to narrow ranges in a cautious start to trading Monday after Treasury yields surged last week on rate-hike bets and shares on Wall Street ended lower Friday.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerEngaged Couples Issue Verdict on Bed Bath & BeyondFuel That Powers the Globa
( 38
min )
Depending on the type of debts you have, your loved ones may have to repay money you owe after you die. Here’s how to protect them financially.
( 16
min )
State Street (STT) reported declines in deposits and fee revenue for the first quarter of 2023, sending shares of the financial firm tumbling.
( 10
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The Dow, S&P 500, and Nasdaq opened the trading week with gains 0.3% on April 17, 2023, after mixed earnings results.
( 10
min )
Most people in the know have heard of Carlos Slim and his massive fortune. But what about Mexico's other richest people?
( 15
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Apple's new savings account offers a competitive 4.15% interest rate, but 17 high-yield savings accounts pay at least 4.50%, with some rates as high as 5.00%, earning you more.
( 10
min )
Hollywood star Ryan Reynolds, best known for his work as Deadpool, is also an entrepreneur who has earned millions of dollars from his business ventures.
( 15
min )
Shares of Charles Schwab rose after a rocky few months on first quarter earnings beat despite a 30% drop in deposits and decision to halt its buyback program.
( 11
min )
McCarthy said there will be no defusing the looming debt ceiling crisis unless President Joe Biden and fellow Democrats agree to cut federal spending.
( 12
min )
Tech giant Apple has announced another new retail finance product with the launch of a high-yield savings plan.
( 11
min )
Morgan Stanley, one of 30 Global Systemically-Important Banks (G-SIBs), will likely report first-quarter earnings almost 20% below last year, as lower investment banking revenue and a lending slowdown stemming from last month’s banking crisis offset higher trading revenue.
( 11
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Net income is the profit a company has earned for a period, while cash flow from operating activities measures, in part, the cash going in and out during a company's day-to-day operations.
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min )
The SEC sued crypto exchange Bittrex for operating an unregistered exchange in the U.S. even as Bitterex ends its operations in the country on April 30, citing regulatory uncertainty.
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Though there are similarities between the two options, Affirm is the better choice due to more financing options and no late fees.
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There are options available to those being pursued by a creditor.
( 15
min )
This week’s cryptocurrencies to keep an eye on are WOO Network (WOO), Render Token (RNDR), Arbitrum (ARB), Rocket Pool (RPL), and Solana (SOL).
( 13
min )
Rates across almost every mortgage type were up by double digits, with the 30-year average ending the week a tenth of a point higher than a week ago.
( 12
min )
IBM could say higher costs of operating its cloud platform and currency translation charges have worn away at profit.
( 11
min )
The deal for Prometheus is expected to close in the third quarter.
( 10
min )
Several of Investopedia’s Top 100 Financial Advisors offer guidance on how to address some of the most pressing client concerns during COVID-19.
( 16
min )
Both credit ratings and credit scores are designed to show potential lenders and creditors a borrower’s likelihood of repaying a debt.
( 17
min )
Most homeowners who want to sell feel “locked in” by their lower mortgage rates.
( 11
min )
With tax-advantaged retirement plans, you either make pretax or after-tax contributions, depending on the type of plan. Learn about the pros and cons.
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min )
By investing at a younger age, you can harness the power of compounding—not penny-pinching—for profit.
( 17
min )
Social media optimization (SMO) is the use of social media networks to manage and enhance an organization’s message and online presence.
( 15
min )
Cold calling is a type of telemarketing in which a prospective customer is solicited by a salesperson with whom they have had no previous interaction.
( 16
min )
Micro mining is a lightweight mining activity in which a low-end hardware device performs the basic activity of transaction authentication.
( 15
min )
We zijn er in de eerste drie maanden van dit jaar flink opuit getrokken. Vooral de bioscoop, de horeca, pretparken en vakanties in eigen land zijn in trek. Consumenten zijn nog steeds bezig met een inhaalslag ten opzichte van dezelfde periode vorig jaar, blijkt uit cijfers van ICS Creditcard Facts.
( 4
min )
Zo'n 10 procent van de werknemers in Nederland voelde zich in 2022 gediscrimineerd op het werk. 35 procent van hen had naar eigen zeggen te maken met discriminerende opmerkingen, negeren of buitensluiten.
( 6
min )
Na Nijmegen en Amsterdam heeft ook de rechter in Utrecht geoordeeld dat de gemeente studenten niet bij voorbaat mag uitsluiten van de energietoeslag. De regeling dat studenten als groep niet in aanmerking komen voor de toeslag is discriminatie, vindt de rechtbank.
( 4
min )
In maart reisden bijna 4,6 miljoen mensen van, naar of via luchthaven Schiphol. Daarmee liggen de aantallen nog altijd behoorlijk onder die van voor de coronapandemie, toen het er 5,6 miljoen waren.
( 3
min )
Al 90.000 huishoudens hebben een aanvraag gedaan bij het Tijdelijk Noodfonds Energie. Ze hopen daarmee compensatie te krijgen voor hun hoge energierekeningen. Een bijdrage uit het fonds kan oplopen tot honderden euro's.
( 3
min )
Luchtvaartmaatschappij Air France en vliegtuigbouwer Airbus hebben geen schuld aan de crash in 2009, waarbij een toestel is neergestort in de Atlantische Oceaan. Dat heeft een Franse rechter maandag bepaald. Wel oordeelde de rechter dat de bedrijven op sommige punten nalatig zijn geweest.
( 3
min )
NLInvesteert heeft in het afgelopen kwartaal een recordaantal kredietaanvragen van ondernemers binnengekregen. Volgens het financieringsplatform dat mkb-ondernemers helpt met de financiering van hun bedrijf, komt dat doordat veel ondernemingen behoefte hebben aan leningen buiten de bank om.
( 3
min )
Luchtvaartmaatschappij Air France en vliegtuigbouwer Airbus hebben geen schuld aan de crash in 2009, waarbij een toestel is neergestort in de Atlantische Oceaan. Dat heeft een Franse rechter maandag bepaald.
( 3
min )
SpaceX heeft de lancering van zijn Starship-raket maandagmiddag uitgesteld. Een bevroren luchtdrukklep werd als reden opgegeven. Volgens SpaceX vindt een volgende testvlucht mogelijk binnen twee dagen plaats.
( 3
min )
In maart reisden bijna 4,6 miljoen mensen van, naar of via luchthaven Schiphol. Daarmee liggen de aantallen nog altijd behoorlijk onder die van voor de pandemie, toen het er 5,6 miljoen waren.
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Polen en Hongarije kondigden zaterdag aan de invoer van graan en ander voedsel uit buurland Oekraïne te verbieden. De Europese Commissie veroordeelde de actie en noemde het 'onacceptabel'.
( 4
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Polen en Hongarije kondigden zaterdag aan de invoer van graan en ander voedsel uit buurland Oekraïne te verbieden. De Europese Commissie veroordeelde de actie en noemde het 'onacceptabel'.
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Door schaarste en handelsbeperkingen is suiker nu het duurst sinds jaren. Dat werkt door in prijzen van snoepgoed en koekjes in de winkel. Maar we laten zoetigheden er niet om liggen. Is dit het bewijs dat een suikertaks niet zal werken?
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The likeliest scenario now is for a quarter-point boost in the fed-funds rate next month, but no cuts until 2024.
( 23
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First-quarter earnings season picks up with results from Charles Schwab, Bank of America, Goldman Sachs, Johnson & Johnson, Netflix, IBM, Tesla, and AT&T.
( 23
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Many have talked up the likelihood of a recession coming into play and chief among them is investing guru Rob Arnott. The founder and chairman of the board of Research Affiliates, who pioneered the ‘smart beta’ investing technique, thinks there’s an 80% chance a recession hits the U.S. economy over the next year. What’s more, Arnott knows who is responsible for this state of affairs. “Ultimately, I count myself as a moderate pessimist on our ability to avoid a recession, created as usual by the
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Unfortunately for the bulls, the short-term outlook remains bleak for natural gas, but for some, this may create a good buying opportunity
( 40
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Canada has attractions for American retirees, including a national healthcare system that accept expats after three months, but retiring there is harder and more expensive than you might guess.
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Shares of the brokerage firm have slumped nearly 40% this year.
( 23
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(Bloomberg) -- Major mining companies including Freeport McMoRan Inc., Vale SA and Anglo American Plc are evaluating potential bids for a chance to purchase Teck Resources Ltd.’s base metals business if the Canadian miner successfully spins out its coal assets, according to people familiar with the discussions. Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesMerck-Moderna Vaccine Helps Keep Patients Free From Ski
( 38
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(Bloomberg) -- Insect farming startup Ynsect SAS has secured more funding as it expands globally and looks to prioritize higher-value food for pets and humans.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesMerck-Moderna Vaccine Helps Keep Patients Free From Skin CancerEngaged Couples Issue Verdict on Bed Bath & BeyondFuel That Powers the Global Economy Is Flashing Recession SignsThe French company closed a €160
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The $10.8 billion acquisition would give drugmaker promising immune-disease treatments.
( 26
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First-quarter earnings season picks up with results from Charles Schwab, Bank of America, Goldman Sachs, Johnson & Johnson, Netflix, IBM, Tesla, and AT&T.
( 23
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Investors who paid top dollar for apartment buildings and that depended on big rent increases and cheap funding are facing increasing stress.
( 38
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Kya Sainsbury-Carter, who recently was named to head the company’s ad business, offers an inside look at Microsoft’s game plan.
( 25
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How to make your résumé stand out in today’s job market, and the job-search killers to avoid.
( 24
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(Bloomberg) -- European Central Bank President Christine Lagarde said she doesn’t foresee the US defaulting on its debt, saying such an outcome would have a dire consequences around the world. Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFive Things to Watch in What Will Be an Ugly Earnings SeasonApple Makes Headway on New Mac Laptops as It Grapples With SlumpYi Says China Largely Ended Currency Intervention i
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While last year saw a wicked bear market, coupled with high volatility, investors have had an easier time of it so far in 2023. Volatility remains an issue, but it has moderated – and both the NASDAQ and the S&P 500 are up nicely year-to-date. The NASDAQ has gained over 16%, and the S&P is up more than 8%. The Dow is the laggard here, having gained only 2.2% in the same time. It’s a market environment that’s sure to present opportunities for gains – so long as investors can cut through the noise
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When you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some great discounts. But no matter your age, you don't get … Continue reading → The post Do Seniors Ever Stop Filing Taxes? appeared first on SmartAsset Blog.
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A debit card is a physical payment card that is used to electronically access the money you have in your bank account to make purchases or transfer money. Debit cards can be used at point-of-sale terminals or online to transfer … Continue reading → The post What Is a Debit Card? appeared first on SmartAsset Blog.
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Saving on prescription drugs is a snap, thanks to companies like SingleCare and GoodRx. These platforms provide free coupons for users to lower their prescription drug prices. That said, understanding which to use can be confusing due to similarities between … Continue reading → The post SingleCare vs. GoodRx: Which Is Better? appeared first on SmartAsset Blog.
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It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. Many often pay to use software from private companies such as Intuit and H&R Block. There could be a new, free option in future years.
( 41
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(Bloomberg) -- US stocks have defied skeptics and rallied this year in the face of bank collapses, continuous fears of a recession and what’s expected to be the gloomiest stretch for corporate profits in years. Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFive Things to Watch in What Will Be an Ugly Earnings SeasonApple Makes Headway on New Mac Laptops as It Grapples With SlumpYi Says China Largely Ended Curre
( 40
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(Bloomberg) -- With inflation easing around the world and many central banks nearing the end of their interest rate hikes, a growing chorus of investors say the best place for bond buyers to juice returns is in emerging markets.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFive Things to Watch in What Will Be an Ugly Earnings SeasonApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US
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Gateway Investment trimmed its Apple holdings, slashed its GE stake, and bought more Altria stock in the first quarter.
( 23
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Bittrex, once ranked as the country’s biggest platform for trading digital assets, is leaving the U.S.
( 25
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The streaming giant is dealing with lots of changes, including a new advertising tier and its first earnings report without Reed Hastings as CEO.
( 23
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Saudi Arabia's crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom's sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil. Crown Prince Mohammed bin Salman's decision, announced by the state-run Saudi Press Agency, sends the stake to the Saudi Arabian Investment Co., known as Sanabil Investments. Sanabil is under the sovereign wealth fund known as the Public Investment Fund.
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Here is your daily Pro Recap of the biggest head-turning deal dispatches you may have missed this week: reports of Exxon's buyout talks with Pioneer, plus Emerson's agreement to take out National Instruments, Teck Resources' rejection of Glencore's overtures, and more. Pioneer Natural Resources (NYSE:PXD) shares rose more than 5% on Monday following the Wall Street Journal's report that the company held “preliminary talks” with Exxon Mobil (NYSE:XOM) about a possible acquisition.
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Clean-energy projects involving Chinese companies are dealing with fallout from U.S.-Sino relations.
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Small and midsize banks lost hundreds of billions of dollars in recent weeks to their bigger peers and to money-market funds offering higher yields.
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Faltering earnings growth and high valuations are factors that could undercut stocks’ tendency to rise after rates peak.
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(Bloomberg) -- It’s getting harder to argue the bull case for Europe Inc., yet that’s just what stalwarts at some of the world’s largest banks are doing.Most Read from BloombergA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesBud Light Kicked a Hornet’s Nest and Ran AwayFive Things to Watch in What Will Be an Ugly Earnings SeasonApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherThe region’s stocks have
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(Bloomberg) -- Just a few months ago, it was a no-brainer to bet against the British pound.Most Read from BloombergBud Light Kicked a Hornet’s Nest and Ran AwayA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesFive Things to Watch in What Will Be an Ugly Earnings SeasonApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherTalk about the currency tumbling to US dollar parity was everywhere during Liz Truss’s
( 39
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Remote workers have productivity-boosting A.I. tools like ChatGPT at their disposal—and in some cases, two or more full-time jobs.
( 38
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Global and Chinese automakers plan to unveil more than a dozen new electric SUVs, sedans and muscle cars this week at the Shanghai auto show, their first full-scale sales event in four years in a market that has become a workshop for developing electrics, self-driving cars and other technology. Automakers are competing to roll out faster, more luxurious, more feature-drenched electric vehicles in the technology’s biggest, most crowded market. Established global brands face intense competition from Chinese rivals.
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A short straddle is an options strategy comprised of selling both a call option and a put option with the same strike price and expiration date.
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Reverse mortgage counseling is required for home equity conversion mortgages. Learn how to find a trustworthy reverse mortgage counselor to work with.
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These credit monitoring services and credit card companies will let you see your credit scores for free.
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The best time for young people to get a credit card will depend on a number of factors.
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Decentralized applications, or dApps, are software programs that run on a blockchain or P2P network of computers instead of a single computer.
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Industrialization’s complex impact on wages and standards of living is explained.
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A home equity line of credit (HELOC) is a convenient way to borrow money, but be careful to avoid the pitfalls that can get you in financial trouble.
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Buying a home will probably be the biggest purchase of your life—find out what can go wrong before you even close the deal.
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Applying to multiple mortgage lenders can get you a better deal, but it comes with a few drawbacks.
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An assumable mortgage is a type of financing arrangement in which an outstanding mortgage can be transferred from the current owner to a buyer.
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The times-revenue method determines the maximum value of a company as a multiple of its actual revenue for a set period.
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Data mining is the software-driven analysis of large batches of data in order to identify meaningful patterns.
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Understand the basics of the three white soldiers candlestick pattern and how this bullish reversal signal is interpreted by analysts and traders.
( 12
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De invoer en het gebruik van olie in Nederland is vorig jaar gelijk gebleven aan dat van een jaar eerder. Dit ondanks het streven om meer duurzame energie te gebruiken. Ook de oorlog in Oekraïne had nauwelijks invloed op ons olieverbruik.
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Op ons reactieplatform NUjij kunnen bezoekers over het nieuws discussiëren en de redactie vragen stellen. We krijgen tienduizenden reacties per week binnen en wekelijks zorgen jullie bijdragen voor actuele stellingen, nieuwe artikelen en interessante vragen. In deze rubriek zetten we de beste reacties en vragen op een rij.
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De arbeidsmarkt gaat binnenkort op de schop. Voor zzp'ers betekent dat onder meer dat zij verplicht een arbeidsongeschiktheidsverzekering (aov) moeten afsluiten. Veel zelfstandigen vreesden na aankondiging van deze plannen voor wat dit voor hen zal betekenen. Kan iedereen zo'n verzekering wel betalen?
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min )
Het is bijna twee weken na het treinongeluk bij Voorschoten. Hoe zitten machinisten sindsdien in de trein? En hoe hebben zij de afgelopen periode beleefd? Zeven treinbestuurders vertellen NU.nl hierover. Zij doen dat bijna allemaal anoniem, omdat ze anders in de problemen kunnen komen met hun werkgever.
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Na het megaverlies van de laatste editie in Almere gooit de organisatie van de Floriade de handdoek in de ring. Daardoor komt een einde aan wat in 1960 begon als uithangbord voor de Nederlandse tuinbouwsector, maar veranderde in een achterhaald financieel debacle.
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A denial-of-service (DoS) attack is intended to shut down a machine or network, depriving legitimate users of expected services or resources.
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Futures have a number of advantages over options, such as fixed upfront trading costs, lack of time decay, and liquidity.
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Learn what current liabilities are, and find out how to calculate total current liabilities in Microsoft Excel.
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A derivatives transaction execution facility (DTEF) focuses on derivative transactions with underlying assets of excluded commodities or assets.
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The estimated current return is the expected return for a unit investment trust over the short term.
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Herbert M. Allison, Jr., was in charge of the TARP from 2009 to 2010. He was named CEO of Fannie Mae in 2008 when the company went into conservatorship.
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AI chatbots can write a poem, do your homework, draft lawsuits, and maybe even take your job, if the hype is to be believed. Can they handle your investments, too? We asked Bing and Bard for help.
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Market research is a strategy companies employ to evaluate the viability of a new product or service, involving the use of surveys, product tests, and focus groups.
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Black Thursday refers to Thursday, Oct. 24, 1929, when panicked selling sparked the first day of the Stock Market Crash of 1929.
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(Bloomberg) -- Teck Resources Ltd. Chief Executive Jonathan Price began last week on a blistering note, declaring a $23 billion takeover bid from Glencore Plc a “non-starter” and slamming his mining rival’s history of bribery and risk.Most Read from BloombergA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherTesla Goes After America’s Top-Selling SUVsHe ha
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Energy was the market’s best-performing sector in 2021 and 2022. But this year it has been third from the bottom.
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(Bloomberg) -- People’s Bank of China Governor Yi Gang said that China has by and large ended foreign-exchange intervention, and the yuan’s value is set by the market.Most Read from BloombergApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherTesla Goes After America’s Top-Selling SUVsJapan’s Kishida Resumes Election Speech Schedule After Smoke Bomb ScarePBOC officials still “reserve the right” to intervene in the mark
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The HBO drama delivered a shocking twist that hit the value of the fictional media conglomerate Waystar Royco, but it's not so far from reality.
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CVS Health informed employees that transgender workers may use bathrooms corresponding with their gender identity and must be referred to by their preferred pronouns.
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A survey also finds that these new graduates are less interested in full-time remote work.
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New CEO Joe Hinrichs says railroads’ use of the vaunted precision-scheduling model hasn’t put enough focus on employees and customers.
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min )
Hermès and LVMH beat high expectations for first-quarter sales.
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Millennials - generally defined as adults born between 1981 and 1996 - face some unique challenges when it comes to financial planning. While the oldest millennials are entering midlife and potentially their peak earning years, the youngest may just be … Continue reading → The post 5 Financial Planning Tips for Millennials appeared first on SmartAsset Blog.
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As you prepare for Tax Day, you might be overwhelmed by the options available for filing your taxes online. You've probably heard of TaxAct and TurboTax, two of the most popular tax-filing services on the market. But which is right … Continue reading → The post TaxAct vs. TurboTax appeared first on SmartAsset Blog.
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Buying to open is when you purchase a new options contract and assume either a long or short position. Conversely, buying to close is when you purchase an existing options contract that matches a contract you sold. In doing so … Continue reading → The post Buy to Open vs. Buy to Close: Investment Guide appeared first on SmartAsset Blog.
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The underpinnings of the financial system and corporate funding are still thawing after last month’s banking crisis.
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(Bloomberg) -- As companies prepare to report the biggest drop in earnings since the pandemic began three years ago, bulls are already looking past the decline, betting growth will resume and lift stocks to new highs.Most Read from BloombergApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherTesla Goes After America’s Top-Selling SUVsTrump Answered All Questions at Second Deposition, Opting Not to Plead the FifthAnalys
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(Bloomberg) -- When Bitcoin plunged from around $30,000 to below $20,000 in little more than a week last year, Three Arrows Capital co-founder Su Zhu described the tailspin as the “nail in the coffin” for his hedge fund. Most Read from BloombergA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesBud Light Kicked a Hornet’s Nest and Ran AwayApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherFast forward to t
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AI chatbots can write a poem, do your homework, draft lawsuits, and maybe even take your job, if the hype is to be believed. Can they handle your investments, too? We asked Bing and Bard for help.
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(Bloomberg) -- The International Monetary Fund said global growth will slow this year more than it previously forecast, partly because of recent stress in the financial sector.Most Read from BloombergA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesBud Light Kicked a Hornet’s Nest and Ran AwayApple Makes Headway on New Mac Laptops as It Grapples With SlumpFive Things to Watch in What Will Be an Ugly Earnings SeasonSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherTh
( 38
min )
Procter & Gamble, Qualcomm, and Targa Resources declared dividend increases this week.
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The new leaders are trying to complete the transformation of KKR from a buyout firm still sometimes known as the pirate protagonists of the 1989 book “Barbarians at the Gate” into a financial empire with big businesses in areas like credit and real estate.
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(Bloomberg) -- The rapid-fire gains in China’s artificial intelligence stocks are starting to show signs of wear, prompting some to ask: did the market get ahead of itself?Most Read from BloombergA $300,000 Salary Feels Like $100,000 in The Priciest US CitiesBud Light Kicked a Hornet’s Nest and Ran AwayApple Makes Headway on New Mac Laptops as It Grapples With SlumpSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherFrom SenseTime Group Inc. to Baidu Inc., shares tracking the ChatG
( 39
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Twitter CEO Elon Musk has created a new artificial intelligence company called X.AI, according to a legal filing in Nevada filed in March.
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India alone has gone from being a sporadic buyer of Russian crude to now relying on Russia to meet roughly half its total oil imports.
( 39
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The likeliest scenario now is for a quarter-point boost in the fed-funds rate next month, but no cuts until 2024.
( 23
min )
Credit Suisse strategist Jonathan Golub acknowledges that investors have a lot to worry about. But beneath the rush to cut earnings estimates, he sees some positive signs.
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min )
De laatste kerncentrales in Duitsland zijn zaterdag om middernacht gesloten. Milieuactivisten kwamen door heel het land samen om dat te vieren. Het was niet overal feest, want tegenstanders protesteerden.
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Twitter-eigenaar Elon Musk wil dat zoveel mogelijk Twitter-gebruikers gaan betalen, zodat het bedrijf minder afhankelijk wordt van advertentieverkopen. Daarom beperkt hij vanaf vandaag het bereik van tweets van niet-betalende Twitteraars. Ook verliezen alle accounts met een gecontroleerd profiel hun gratis blauwe verificatievinkje.
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Vandaag sluit Duitsland definitief het hoofdstuk kernenergie. Daar gaan de laatste drie reactoren in de loop van de dag dicht. Experts én de Duitse bevolking zijn kritisch over deze beslissing van bondskanselier Olaf Scholz: "Dit is een stap terug."
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De huizenprijzen zijn in de afgelopen tien jaar niet zo hard gezakt als in het afgelopen kwartaal, terwijl het aanbod schaars is. Dat stelt kopers en verkopers voor de vraag wat nu wijsheid is op de woningmarkt. Vijf vragen over de dalende huizenprijzen.
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Twitter-eigenaar Elon Musk wil dat zoveel mogelijk Twitter-gebruikers gaan betalen, zodat het bedrijf minder afhankelijk wordt van advertentieverkopen. Daarom beperkt hij vanaf vandaag het bereik van tweets van niet-betalende Twitteraars. Ook verliezen alle accounts met een gecontroleerd profiel hun gratis blauwe verificatievinkje.
( 4
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Vandaag sluit Duitsland definitief het hoofdstuk kernenergie. Daar gaan de laatste drie reactoren in de loop van de dag dicht. Experts én de Duitse bevolking zijn kritisch over deze beslissing van bondskanselier Olaf Scholz: "Dit is een stap terug."
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min )
Elon Musk has set up a new artificial intelligence company called X.AI Corp, according to a state filing in Nevada.
( 38
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Larry Fink, the CEO of BlackRock, predicted how many more times the Federal Reserve will raise interest rates while speaking to "The Claman Countdown."
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min )
Marketers will likely review their practices to avoid risking penalties that could stretch into the hundreds of millions of dollars
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min )
Banking sector woes, a hawkish Fed, and Russia's invasion of Ukraine all contribute to an uncertain macro forecast, Dimon said,
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Oil demand could jump to 101.9 million barrels a day in 2023, with more than half of that stemming from the reopening of China's economy, IEA said.
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min )
Japan continues to suffer from slow growth and an aging population. But beyond those macro problems, a stronger yen and tighter monetary policy could catalyze a much-needed shift from exports to domestic consumption.
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Here are seven major companies whose stocks moved on the week’s news
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Depressed valuations belie brighter growth prospects and better risk management at companies such as Primerica, Unum, and Equitable.
( 23
min )
The name of the new Nevada-incorporated organization suggests a link to the billionaire’s interest in an everything app.
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A good quarter for the biggest banks doesn’t change the bigger picture for banking.
( 25
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BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.
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Don’t assume your IRA custodian will track your deductible and nondeductible contributions. Keeping good records helps you avoid double taxation.
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The job cuts will mostly affect employees who specialize in selling more complex products such as computers.
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Tesla has been adjusting prices for its vehicles all over the world in 2023.
( 23
min )
Round two of bids for the possible sale of foot-long sandwich chain Subway are ready to begin for a sale that could fetch $10 billion, The Wall Street Journal reported on Thursday. It follows a prior round.
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Both sides of the supply-and-demand equation have been working in favor of higher prices for crude and energy stocks.
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Lockheed Martin Corp. is expected to post lower earnings for the first quarter due to supply chain constraints and higher costs when it reports before markets open on Tuesday.
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min )
(Bloomberg) -- Wells Fargo & Co. warned about shakiness in the commercial real estate market and said it’s reviewing its more than $35 billion portfolio of office loans for ways to decrease risk.Most Read from BloombergApple Makes Headway on New Mac Laptops as It Grapples With SlumpIn NYC and SF, You Need a $300,000 Salary to Take Home $100,000 After TaxesSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherTesla Goes After America’s Top-Selling SUVsThe lender has been boosting its
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min )
There are conflicting signals coming from the markets lately. We all know the accumulated headwinds; rising interest rates, the banking failures, and the Fed, in the minutes from its last FOMC meeting, indicated that a ‘mild’ recession is highly likely in the second half of this year. Yet, the markets have seen sound gains year-to-date, with the S&P 500 up 7.5% and the NASDAQ an even better 15%. Looking at the current market conditions, Jeremy Siegel, a Wharton economic professor and a long-time
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min )
The oil market will fall into a far larger oil deficit sooner than expected following surprise production cuts from some of OPEC’s leading members, the Paris-based energy watchdog said.
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(Bloomberg) -- A senior International Monetary Fund official suggested on Friday that the Federal Reserve alter its monetary policy framework to reflect a world of more frequent supply shocks and a greater risk of elevated inflation.Most Read from BloombergUS Embarrassed After 21-Year-Old Arrested in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustTrump Answered All Questions at Second Deposition, Opting Not to Plead the FifthMUFG Clients Lost $700 Millio
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min )
Former Home Depot CEO Bob Nardelli reacts to March's worse-than-expected retail sales, predicting that the U.S. economy will have a surge of bankruptcies.
( 38
min )
Jeremy Grantham warns stocks could plunge by over 50% in a worst-case scenario, and expects pressure on the financial system to cause more problems.
( 37
min )
There are no durable competitive advantages to commodities—just price swings. Funds are one way to play, but blue-chip stocks are better.
( 23
min )
Analysts are raising price targets for software giant Microsoft, while confessing concerns about the near-term growth outlook.
( 23
min )
“So are you both on this, or [has] just one of you completely lost your mind?” Ramsey asked the HENRY—high earner not rich yet—couple.
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Whether it was uncertainties brought by the COVID-19 pandemic or challenges from rising interest rates, the grocery store industry has proven to be remarkably resilient. But Canada’s New Democratic Party leader Jagmeet Singh is not a fan. “The truth is Loblaws makes $1 million in EXCESS profits a day,” Singh says in a tweet. “And while you struggle, Liberals and Conservatives take donations from them and stay silent.” Loblaws Companies (TSE:L) operates one of the largest grocery store chains in
( 40
min )
The rise of electric vehicles poses a new, longer-term risk for the agricultural equipment maker, an analyst says.
( 23
min )
(Bloomberg) -- Central banks risk losing their autonomy if they’re not publicly accountable over past mistakes, including playing down the risks of inflation that has punished consumers and hurt economies, Mohamed El-Erian warned.Most Read from BloombergUS Embarrassed After 21-Year-Old Arrested in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustTrump Answered All Questions at Second Deposition, Opting Not to Plead the FifthMUFG Clients Lost $700 Million i
( 38
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PNC Financial Services Group, Inc (NYSE: PNC) reported a Q1 revenues increase of 19% Y/Y to $5.60 billion, marginally missing the consensus of $5.61 billion. Net interest income rose 28% Y/Y to $3.6 billion, led by higher interest-earning asset yields and balances. Noninterest income was up 7% Y/Y to $2.0 billion on higher private equity revenue and business growth across the franchise. Net interest margin came in at 2.84%, up 56 basis points. Deposits at Mar. 31, 2023, were $436.8 billion, up $
( 38
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Former executives of Chicago-based health technology startup Outcome Health were convicted of fraud after a 10-week federal trial.
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Goldman Sachs analyst Brooke Roach says challenges for the stock "are increasingly in the rearview mirror."
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Tesla is likely to report a 20% decline in first quarter earnings, despite delivering a record number of cars as aggressive price cuts eat into its bottom line.
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Gas prices have been rising again. Is it a temporary blip or will they challenge last summer's record high? Here's what to know.
( 39
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Charles Redfield, head of merchandising for the retailer’s U.S. stores, is leaving after 32 years.
( 24
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Berkshire Hathaway's Warren Buffett admires the loyal iPhone customer base that wouldn't take $10,000 to leave the platform. "We can’t develop a business like that," he says.
( 22
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(Bloomberg) -- Charles Schwab Corp. stunned Wall Street in 2019 by slashing trading commissions to zero, forcing its competitors to adapt. The move amounted to a big bet that its bank — rather than its well-known discount brokerage — would keep driving profits.Most Read from BloombergUS Embarrassed After 21-Year-Old Arrested in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandTrump Answered All Ques
( 41
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Shares of the contract drug manufacturer plummet Friday in their largest percentage decrease on record, based on data back to July 2014.
( 23
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Citigroup Inc (NYSE: C) reported first-quarter FY23 net revenue growth of 12% year-over-year to $21.45 billion, beating the consensus of $20.03 billion. Net interest income increased 23% Y/Y to $13.35 billion, and non-interest income decreased 3% Y/Y to $8.1 billion. EPS for Q1 was $2.19, above the consensus of $1.67. Revenue increased 6%Y/Y, and EPS was $1.86, excluding the divestiture-related impacts. Institutional Clients Group revenue increased by 1% Y/Y to $11.2 billion, with Services +29%
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With the talc legal issue settled and strong pharmaceutical sales, Johnson & Johnson is expected to see brighter days ahead after a first-quarter dip.
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The Euro initially fell during the week, but then turned right back around to show signs of strength again. We broke above the 1.10 level, only to get a little overstretched.
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Professional fund managers labor under handicaps that individual investors don’t face. Make sure you manage your portfolio differently than they do.
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Tesla has been adjusting prices for its vehicles all over the world in 2023.
( 23
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Private investors and central banks are piling into bullion, pushing prices up 25% since November. What’s behind the buying.
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There are worries about the sector’s prospects heading into the crucial summer months.
( 23
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The bank defied a crisis of confidence in the banking business, posting a 52% increase in first-quarter profit and record revenue.
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Last week, OPEC announced significant production cuts to be implemented on May 1, totaling approximately 1.16 million barrels of oil per day. This reduction in supply comes at a time when demand is expected to accelerate during the summer travel season, with projections of demand reaching 102 million bpd later this year. As a result, we can expect an anticipated shortfall in supplies, which will likely result in higher prices at the pump and a potential boost to inflation. For investors, however
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The titan of French luxury has seen his wealth balloon by almost $48 billion this year amid a rally in his company's stock. The shares hit a record high this week, boosted by growth in the world's second-largest economy.
( 23
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Western Digital Corp (NASDAQ: WDC) hackers are claiming a ransom — of a "minimum 8 figures" in exchange for not publishing 10 terabytes of data stolen from the company. The data stolen includes reams of customer information, TechCrunch reports. On April 3, Western Digital updated on a network security incident identified on March 26, 2023. An unauthorized third party accessed several of the company's systems in connection with the ongoing incident. Also Read: Cybersecurity Firm Warns Financially
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Move comes as contract drug manufacturer warned that productivity issues and higher costs would have a material impact on its results.
( 24
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UnitedHealthcare says the number of people served increased by nearly 2 million from the prior year.
( 23
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Train companies have issued a new pay offer to rail unions, raising hopes of an end to months of disruptive strike action.
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The aerospace company said a supplier told it a nonstandard manufacturing process was used in installing fittings on some airplanes.
( 23
min )
If you're looking to receive passive income with your investments, there are many ways to do it. While your best choice will depend on certain factors, such as your age and risk tolerance, there are many ways to invest $20,000. … Continue reading → The post How to Invest $20,000 for Passive Income appeared first on SmartAsset Blog.
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It probably is possible for most people to retire at age 55 if they have $2.5 million in savings. The ultimate answer, though, will depend on the interplay between various factors. These include your health, your anticipated retirement lifestyle and … Continue reading → The post Can I Retire at 55 With $2.5 Million? appeared first on SmartAsset Blog.
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A retirement annuity is a basic annuity where you pay on a contract for a set period of time and in return receive income, often for life. Retirement annuities provide predictable income, giving people increased financial security and peace of … Continue reading → The post What Is a Retirement Annuity? appeared first on SmartAsset Blog.
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Prescription drug prices are a barrier for many when trying to get the medications they need. Although health insurance reduces the price of many prescription drugs, costs remain high for numerous medications. GoodRx finds the pharmacy with the lowest prescription … Continue reading → The post How Does GoodRx Work? appeared first on SmartAsset Blog.
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The bank had net interest income of $13.34 billion in the first quarter, beating Wall Street forecasts.
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Morgan Stanley’s Mike Wilson sees a selloff taking hold of the S&P 500.
( 39
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The commercial real estate market could see prices fall 40% this year due to several headwinds including high interest rates and a possible credit crunch.
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Wells Fargo beat sales and profit targets in the first quarter compared with a year earlier, boosted by higher interest rates. The quarter saw the collapse of two banks that rattled the financial sector and the broader stock market. Wells Fargo participated with other banks in pumping $30 billion in deposits into First Republic Bank in a so far successful effort to prevent a third failure.
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The "super regional" lender beat expectations for earnings per share in the first three months of 2023.
( 23
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UnitedHealthcare says the number of people served increased by nearly 2 million from the prior year.
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Jassy had a smaller compensation package than Amazon founder Jeff Bezos in 2022, as well as peers in Big Tech like Apple's Tim Cook and Microsoft's Satya Nadella.
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It's time for regulators to require that all securities be marked to market and reflected in banks' income, without resorting to clumsy exceptions.
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UnitedHealth beat first-quarter forecasts and hiked its 2023 guidance for the first time, propelled in part by more growth from its Optum care segment. FactSet says analyst forecast earnings of $24.93 per share. In the first quarter, UnitedHealth Group Inc. posted adjusted earnings of $6.26 per share on $91.93 billion in total revenue.
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Six years into owning Bonobos, Walmart is selling off the menswear brand at a huge discount.
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With taxes top of mind right now and the Biden administration proposing to raise them on Americans earning more than $400,000, here’s more to know about U.S. income taxes.
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(Bloomberg) -- Investors worried about the Bank of Japan’s threat to global markets have a chance to hear from those on the front lines in coming weeks.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustPBS Joins NPR in Quitting Twitter Over State-Backed LabelJPMorgan Says Frank’s Javice Moved Millions to a Shell CompanyJapan’s life
( 40
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JPMorgan Chase, Wells Fargo, and Citigroup are scheduled to report first-quarter earnings on Friday, Boeing shares fall after the airplane maker halts deliveries of its 737 MAX jet, and Lucid's first-quarter deliveries miss analysts' expectations.
( 23
min )
Faraday Future Intelligent Electric now expects to start deliveries of its FF 91 electric vehicle at the end of May but it is also looking to raise more money.
( 22
min )
Boeing informs investors that it halted deliveries of its 737 MAX jets due to an issue with supplier parts.
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(Bloomberg) -- A monthlong pummeling has bank stocks looking historically inexpensive. And a deluge of quarterly earnings reports from key lenders over the next two weeks will help investors gauge if the sector is too cheap to ignore — or too risky to touch.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustJPMorgan Says Frank’s Javi
( 39
min )
Private investors and central banks are piling into bullion, pushing prices up 25% since November. What’s behind the buying.
( 23
min )
(Bloomberg) -- A top investor in Charles Schwab Corp. sold its entire $1.4 billion stake in the brokerage during last month’s US banking turmoil, according to Financial Times.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustUS Embarrassed After 21-Year-Old Arrested in Classified Documents LeakJPMorgan Says Frank’s Javice Moved Mill
( 37
min )
If you thought that zero rates and quantitative easing were a bad dream that we can all forget, you may be in for a surprise. It is again becoming clear that deflation remains the overarching structural threat to the world economy.
( 40
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(Bloomberg) -- Not long before the Federal Reserve began lifting interest rates to tamp down inflation, regional banks across the US reported a surge in lending to a group of well-connected people: their own directors, officers and major shareholders.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakPBS Joins NPR in Quitting Twitter Over State-Backed LabelArnault's Wealth Soars to $210 Billion,
( 43
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(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. sold 164.4 billion yen ($1.2 billion) of bonds on Friday, just days after the billionaire investor made headlines by saying he’d increased holdings in Japanese trading houses. Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakPBS Joins NPR in Quitting Twitter Over State-Backed LabelArnault's Wealth Soars to $210 Billion, Leaving Musk in the
( 38
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Meanwhile, OPEC forecasts that oil consumption will climb by 2.3 million barrels a day this year to hit a new record 101.89 million a day.
( 37
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A group of hackers reportedly breached Western Digital's network and are demanding an eight-figure ransom or else they'll publish customer data online.
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If you have permanent life insurance, more of your insurance premium goes to cash value in the early years of your policy. Find out how cash value increases over time.
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Social media sites and apps have helped people around the world to connect and create virtual communities based on common interests.
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U.S. stocks dropped on Friday, April 14, after a report showed that retail sales declined more than expected in March.
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Averages on most loan types moved mildly lower or were flat. A second day of declines for the 30-year average has lowered it by about a quarter point.
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Don’t assume your IRA custodian will track your deductible and nondeductible contributions. Keeping good records helps you avoid double taxation.
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Construction spending tallies the amount of money spent toward new construction in a given month.
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min )
Lockheed Martin Corp. is expected to post lower earnings for the first quarter due to supply chain constraints and higher costs when it reports before markets open on Tuesday.
( 12
min )
Three types of tax systems are used in the U.S.—regressive, proportional, and progressive—and two impact high and low-income earners differently.
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min )
A relatively uncommon type of public offering called a `direct listing' could become a popular way for companies to go public, or may go extinct, depending on a Supreme Court case.
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JPMorgan Chase posted record revenue for the first quarter of 2023, sending its shares soaring.
( 10
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Tesla is likely to report a 20% decline in first quarter earnings, despite delivering a record number of cars as aggressive price cuts eat into its bottom line.
( 12
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How to choose the best 529 plan for you and how to pick the right investments for your 529 plan.
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With the talc legal issue settled and strong pharmaceutical sales, Johnson & Johnson is expected to see brighter days ahead after a first-quarter dip.
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The metrics for the statement of cash flows is best viewed over time.
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A sweep account automatically transfers amounts over or below a certain level into a higher interest-earning investment option.
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The capital adequacy ratio (CAR) is defined as a measurement of a bank's available capital expressed as a percentage of a bank's risk-weighted credit exposures.
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Netflix may lose close to 2 million subscribers to its ad-free plan, but gain 3.2 million ad-supported subscriptions, as users react to its attempts to block password sharing.
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Relatively flat revenue, higher costs, and increased credit loss provisions likely cut Goldman Sachs' first-quarter profit by more than a fifth.
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Combined loan-to-value (CLTV) ratio is the ratio of all loans on a property to the property's value. Lenders use it to determine risk of default.
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The cost of equity is the percentage return demanded by the owners; the cost of capital includes the rate of return demanded by lenders and owners.
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A marginal benefit is the added satisfaction or utility a consumer enjoys from an additional unit of a good or service.
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Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity.
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Baby boomers and millennials don't often see eye to eye, but getting the two generations to work together is important for any company.
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Cryptocurrency influencers can be an approachable, fun source for those who want to learn and understand crypto concepts.
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De storing in het mobiele netwerk van Vodafone is donderdag rond 15.30 uur verholpen. Klanten hadden sinds 7.00 uur problemen met mobiel bellen. Daardoor konden ze ook alarmnummer 112 niet bereiken.
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De storing in het mobiele netwerk van Vodafone is donderdagmiddag rond half vier opgelost. Klanten hadden al sinds 7.00 uur problemen met mobiel bellen. Daardoor was ook alarmnummer 112 niet bereikbaar voor hen.
( 3
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Het kabinet heeft er veel geld voor over om de gasopslagen gevuld te krijgen voor komende winter. De voorraden zijn al redelijk aangevuld, maar het zal dit jaar lastiger worden om aan nieuw gas te komen, zegt minister Rob Jetten (Energie) vrijdag.
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Door een storing in het netwerk van Vodafone konden veel klanten vandaag niet mobiel bellen. Ook alarmnummer 112 was voor hen niet bereikbaar. Er is gelukkig al een aantal alternatieven om bij een netwerkstoring toch de hulpdiensten te bereiken.
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Rabobank gaat vanaf 1 mei 0,75 procent rente betalen op vrij opneembaar spaargeld. Dit is de derde renteverhoging in een half jaar tijd. Ook in december en februari verhoogde de bank de spaarrente.
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Luchtvaartmaatschappij Transavia schrapt 5 procent van alle vluchten in de maanden april en mei. Er zijn namelijk te weinig vliegtuigen om alle reizigers op hun bestemming te brengen. Het is nog niet zeker wanneer Transavia haar vloot op volle sterkte heeft.
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De export van Russische ruwe olie en petroleumproducten is in maart gestegen naar het hoogste niveau in bijna drie jaar tijd. Door de westerse sancties vanwege de invasie in Oekraïne leverde de export wel veel minder op voor Rusland dan een jaar eerder.
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min )
Er komen nieuwe mogelijkheden aan voor thuiswerkers die een baan hebben in Nederland maar vlak over de grens wonen. Zo kunnen grenswerkers straks verzekerd zijn in Nederland, terwijl ze in een aangrenzend land thuiswerken.
( 3
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Het mobiele netwerk van Vodafone is vrijdagochtend getroffen door een storing. Sinds 7.00 uur ervaren klanten problemen met mobiel bellen. Daardoor is ook alarmnummer 112 niet bereikbaar voor hen.
( 4
min )
Philips krijgt kritiek op de snelheid waarmee het de slaapapneu-apparaten vervangt. De Amerikaanse toezichthouder FDA is bang dat Philips' terugroepactie van miljoenen apparaten vertraging oploopt.
( 3
min )
Het mobiele netwerk van Vodafone is vrijdagochtend getroffen door een storing. Sinds 7.00 uur ervaren klanten problemen met mobiel bellen. Daardoor is ook alarmnummer 112 niet bereikbaar voor hen.
( 3
min )
Boeing heeft de leveringen van sommige 737 MAX-toestellen stilgelegd omdat er opnieuw technische problemen zijn vastgesteld bij dit type vliegtuig. Volgens de Amerikaanse vliegtuigbouwer gaat het alleen om toestellen die nog niet in gebruik zijn.
( 3
min )
De CO2-uitstoot van de Nederlandse industrie is vorig jaar flink gedaald. Dat is opvallend, omdat de afgelopen jaren die uitstoot ongeveer stabiel bleef. Vermoedelijk komt de daling vooral door de hoge gasprijs, niet door structurele verduurzaming.
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Er rijden steeds meer elektrische vrachtwagens rond. Maar rijden op waterstof is niet populair: bij een recente subsidieronde heeft niemand geld aangevraagd om een waterstoftruck aan te schaffen. Toch blijft het kabinet miljoenen steken in het aanleggen van waterstoftankstations voor vrachtwagens.
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The plane maker said a supplier used a nonstandard process to install parts.
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(Bloomberg) -- Sri Lanka and major creditors are set to formally launch talks to restructure the nation’s debt without China — its biggest bilateral lender — a signal of growing frustration with Beijing’s approach to debt woes in the developing world. Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakJPMorgan Calls Managing Directors to Office Five Days a WeekPBS Joins NPR in Quitting Twitter Ov
( 38
min )
The US economy has been grappling with inflationary pressures over the past year, causing concern among policymakers and investors alike. However, the latest Consumer Price Index (CPI) report has shown a glimmer of hope, indicating that headline inflation eased from 6% in February to 5% in March. According to Hugh Gimber, global market strategist at JPMorgan Asset Management, this is a promising sign that the Federal Reserve’s aggressive efforts to raise interest rates are bearing fruit. “The me
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The discount retailer bought the menswear brand for $310 million in 2017.
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Bank of America (BAC), weighed down by recessionary fears, a banking crisis, and a slowdown in lending, will likely say earnings growth stayed flat in Q1 2023.
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Citigroup has avoided the headwinds that hurt smaller lenders. Shares are up 4% this year compared with a nearly 20% decline in the KBW Nasdaq Bank Index.
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(Bloomberg) -- As Wall Street faces what’s set to be an ugly earnings season of deteriorating profits and weakening guidance, Bank of America Corp. strategists say the rest of 2023 could be even worse.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakPBS Joins NPR in Quitting Twitter Over State-Backed LabelArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustJPMorgan Says Frank’s Javi
( 38
min )
The motorcycle maker's CFO Gina Goetter is stepping down at the end of the month.
( 23
min )
(Bloomberg) -- Western Digital Corp. shares fell as much as 4.5% following a report that hackers are trying to extort the company after stealing about 10 terabytes of data, including customer information.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakPBS Joins NPR in Quitting Twitter Over State-Backed LabelArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustJPMorgan Calls Managing
( 37
min )
As you file your 2022 returns and start thinking about ways to reduce future tax bills, keep in mind that key tax provisions are set to expire in three years.
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min )
(Bloomberg) -- The euro jumped to its highest level in more than a year as the dollar dived against its major developed market peers, fueled by increasing market expectations that a worsening US economic situation will prompt the Federal Reserve to cut interest rates later this year.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the Dust
( 38
min )
When billionaires jump on the same trend, it’s important for investors to take notice. The pieces often don’t come together immediately, but these investors have millions of dollars in resources dedicated to getting the most up-to-date information as quickly as possible. They might see trends months in advance that others might not notice until it’s too late. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry Hedge fund manager George Soros is a polarizing figure, but you’
( 37
min )
Jeremy Grantham predicted the financial crisis in 2008. Now, he thinks the financial system could expect more chaos after the two banks failed in March.
( 39
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Short selling research firm S3 Partners listed 18 companies it said have perfect so-called squeeze scores of 100.
( 23
min )
(Bloomberg) -- Truist Financial Corp. plans to stop sales and trading of mortgage-backed securities and government-agency and Small Business Administration bonds by January.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakArnault's Wealth Soars to $210 Billion, Leaving Musk in the DustJPMorgan Says Frank’s Javice Moved Millions to a Shell CompanyUS Embarrassed After 21-Year-Old Arrested in Clas
( 37
min )
(Bloomberg) -- A group led by billionaire Josh Harris has reached a deal to buy the NFL’s Washington Commanders for $6 billion, according to a person familiar with the matter, in what would be the largest amount ever paid for a US professional sports team.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Arrests 21-Year-Old National Guardsman in Classified Documents LeakPBS Joins NPR in Quitting Twitter Over State-Backed LabelArnault's Wealth Soars to $210 Bill
( 37
min )
Lower Treasury yields and a weaker dollar have also boosted the precious metal.
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min )
The Berkshire Hathaway CEO tackled a wide variety of topics of interest to investors.
( 23
min )
Working from home may be a bridge too far for bosses looking to cut costs. They might give your job to someone in a different country instead.
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Piper Sandler is bullish on several internet stocks going into earnings season.
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min )
Wall Street eyes the record marketing campaign needed to launch the new ‘Max’ service.
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Lucid Group, Fisker, and Hyliion Holdings lead industry by revenue
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Sorrento Therapeutics’ subsidiary Scilex is exploring the issuance of new stock to take advantage of a share-price rally as Sorrento charts a path out of chapter 11.
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The household storage brand brings on Alvarez & Marsal along with investment bank Moelis and law firm Kirkland & Ellis.
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Rising interest rates boosted revenue and profit for Charles Schwab in the first quarter while raising expenses and battering its balance sheet at the same time.
( 12
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Electric vehicles have been gaining popularity in America. And based on results from a new poll, we are about to see a whole lot more of them on the road. The poll, conducted by The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago, finds that 41% of U.S. adults say they are “somewhat likely,” “very likely” or “extremely likely” to get an EV the next time they buy a car. Meanwhile, 47% of respondents indicate they are either “no
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JPMorgan Chase will be the first of the big banks to report, setting the stage for the rest of the season.
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With robust labor market growth, you don’t hear politicians talking about recession that much these days. But according to real estate mogul Grant Cardone, the “R word” is happening for real. “The government continues to deny a recession, I don’t believe them for a second,” he tells Benzinga. “Advertising is off and I believe the explosive job numbers reported this month are for part-time jobs not full-time.” Running his real estate investment firm Cardone Capital, Cardone saw the storm coming,
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min )
Japanese technology investor SoftBank was early in Alibaba. Now it looks to be selling out at a pivotal time for the Chinese tech giant.
( 23
min )
(Bloomberg) -- Traders betting against the shares of Coinbase Global Inc., CarMax Inc. and GameStop Corp. should be on high alert: The stocks are all prime candidates for a short squeeze that could stick these speculators with steep losses.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeJPMorgan Calls Managing Directors to Office Five Days a WeekI Bonds Lose Their Luster With Yield Set to Plunge Bel
( 38
min )
Digital World Acquisition Corp. (NASDAQ: DWAC), the special purpose acquisition company, which had agreed to merge with Donald Trump's Trump Media & Technology Group, the parent of the Truth Social platform, announced multiple leadership changes. The company named Katherine Chiles as its chief financial officer. It also named Alexander Cano as President and secretary. Frank Andrews, an existing director, was named as non-executive chairman of the board. The latest development comes after Digital
( 37
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(Bloomberg) -- Kyle Bass has some advice for real estate investors. Tear it down.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeJPMorgan Calls Managing Directors to Office Five Days a WeekFed Leans Toward Another Hike, Defying Staff’s Recession OutlookI Bonds Lose Their Luster With Yield Set to Plunge Below 4%The founder of Dallas-based Hayman Capital Management says office buildings in cities need
( 38
min )
(Bloomberg) -- Brazil’s Luiz Inacio Lula da Silva called on BRICS nations to come up with an alternative to replace the dollar in foreign trade, supporting China’s crusade against US global dominance just as he prepares to meet with President Xi Jinping in Beijing. Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeJPMorgan Calls Managing Directors to Office Five Days a WeekFed Leans Toward Another Hik
( 37
min )
Mick Jagger turns 80 in July, but the Rolling Stones frontman is showing no signs of slowing down just yet. Well, great for Jagger and the Stones, but what’s that got to do with the stock market, you say? For Raymond James CIO Larry Adam, Jagger’s ‘never stop’ spirit resembles the never-ending barrage and staying power of the headwinds plaguing market sentiment. Fed tightening, inflation, recession worries, and geopolitical fears have all been present and unabating for a while now, and with equi
( 41
min )
Novavax Inc's (NASDAQ: NVAX) CEO, newly appointed CEO John Jacobs, said the company would cut about $50 million in costs in Q1 of 2023 and plans further cuts. "We're looking at everything from buildings, leases, land, headcount, and contractors, every aspect of our company and the way we work," Jacobs said in an interview with Reuters. Jacobs also said the company is in regular talks with the FDA over the potential design of its 2023 COVID-19 booster shot and believes Novavax will have a new sho
( 37
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When making an estate plan, using a trust is a way to make passing assets - including both cash and physical assets - a bit easier. In fact, when using a trust, you can often allow your family to avoid … Continue reading → The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.
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After experiencing its strongest run in a decade last year, gold market M&A activity is continuing to ramp up with $40 billion in mergers and acquisitions (M&A) in the sector so far in 2022.
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U.S. wholesale prices fell last month, a sign that inflationary pressures in the economy are easing more than a year after the Federal Reserve began aggressively raising interest rates. From February to March, the government’s producer price index dropped 0.5% as energy prices plunged after having been unchanged from January to February. Compared with a year ago, wholesale prices were up 2.7% in March, down significantly from a 4.7% year-over-increase increase in February.
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ASML, Applied Materials, Lam Research, and Teradyne are top chip equipment stocks heading into earnings season, TD Cowen says.
( 23
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Deutsche Bank analyst Corinne Blanchard has placed a 'catalyst-buy call' on one company's shares, while downgrading the other's.
( 23
min )
The widening margin could push crude prices higher, the oil producers group said in its monthly report.
( 24
min )
Fracturing global supply chains to mitigate increasing security risks will push up prices as a Cold War between the U.S. and China gets 'colder by the day'.
( 39
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Hedge fund billionaire Ken Griffin made a $300-million gift to Harvard, his alma mater. It's the kind of faux-generosity the ultra-rich rely on to avoid paying their fair share of taxes.
( 40
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Inflation is falling, profit margins are stable, earnings look fine. An early earnings report from a key industrial player should help calm investors' nerves.
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Delta is the first carrier to report this earnings season. Investors are interested in whether a bumper summer travel period is around the corner.
( 23
min )
The Berkshire Hathaway said CEOs and directors of failed banks must be penalized in order to deter similar behavior in the future.
( 39
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(Bloomberg) -- Infosys Ltd. forecast sales that lagged estimates, underscoring how clients are tightening IT budgets to weather an economic slowdown.Most Read from BloombergUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeFed Leans Toward Another Hike, Defying Staff’s Recession OutlookJPMorgan Calls Managing Directors to Office Five Days a WeekI Bonds Lose Their Luster With Yield Set to Plunge Below 4%India’s second-biggest
( 37
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(Bloomberg) -- Xi Jinping led a parade of officials this spring vowing to revive China’s economy, hoping to repair the damage wrought by years of Covid Zero and regulatory clampdowns. Some of the world’s biggest investors are selling anyway.Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandFed Leans Toward Another Hike, Defying Staff’s Recession OutlookJPMorgan Calls Managing Directors to Office Five
( 39
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JPMorgan Chase is asking its managing directors to come back to the office five days a week.“Our leaders play a critical role in reinforcing our culture and running our businesses,” the bank’s operating committee reportedly wrote in a memo to staff announcing the new policy.
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See long-term returns by investing in these top-rated funds.
( 43
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Japanese technology investor SoftBank was early in Alibaba. Now it looks to be selling out at a pivotal time for the Chinese tech giant.
( 23
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(Bloomberg) -- Xi Jinping led a parade of officials this spring vowing to revive China’s economy, hoping to repair the damage wrought by years of Covid Zero and regulatory clampdowns. Some of the world’s biggest investors are selling anyway.Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeUS-Saudi Oil Pact Breaking Down as Russia Grabs Upper HandFed Leans Toward Another Hike, Defying Staff’s Recession OutlookJPMorgan Calls Managing Directors to Office Five
( 39
min )
Delta Air Lines is scheduled to report first-quarter earnings on Thursday, Harley-Davidson's chief financial officer is departing, and a report says Japan's SoftBank has moved to sell almost all of its remaining stake in Alibaba.
( 23
min )
(Bloomberg) -- Asian stocks fluctuated as traders assessed how close the Federal Reserve is to peak interest rates after the latest US inflation report. Alibaba Group Holding Ltd. led losses in Hong Kong on a report that its early backer is moving to sell holdings. Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesJPMorgan Calls Managing Directors to Office Five Days a WeekI Bonds Lose Their Luster
( 39
min )
(Bloomberg) -- Oil held the bulk of a two-day gain that took the US crude benchmark to the highest close since November as traders weighed signs of a tighter global market and waited for a monthly outlook from OPEC.Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeI Bonds Lose Their Luster With Yield Set to Plunge Below 4%Fed Leans Toward Another Hike, Defying Staff’s Recession OutlookJPMorgan Calls Managing Directors to Office Five Days a WeekKatie Cotton,
( 38
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SoftBank has reportedly been selling most of its remaining shares in the e-commerce company Alibaba amid a market downturn.
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Attorneys allege O'Neal has been dodging being served for months, and that a process server "was sent an ominous and threatening text message by O'Neal or someone acting on his behalf."
( 37
min )
(Bloomberg) -- SoftBank Group Corp. is moving to sell the majority of its stake in Chinese internet giant Alibaba Group Holding Ltd., the Financial Times reported Wednesday. Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsJPMorgan Calls Managing Directors to Office Fiv
( 38
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The dollar fell after March inflation cooled to 5%, a reading that could put a Fed rate hike 'in a bit of jeopardy," says one analyst.
( 38
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(Bloomberg) -- A tax agreement between Apple Inc. and its hometown of Cupertino, California, has come under scrutiny from state regulators, potentially slashing the amount of money that the company sends to the city. Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XJPMorgan Calls Managing Directors to Office Five Days a WeekI Bonds Lose The
( 38
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(Bloomberg) -- SoftBank Group Corp. is moving to sell the majority of its stake in Chinese internet giant Alibaba Group Holding Ltd., the Financial Times reported Wednesday. Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsJPMorgan Calls Managing Directors to Office Fiv
( 38
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The Supreme Court declined to block a $6 billion settlement dismissing student loan debts for borrowers who said they were misled by for-profit colleges. The case revolves around an existing regulation.
( 11
min )
Borrowing from new Bank Term Funding Program fell for first time, dropping 9%
( 11
min )
Amazon (AMZN) shares jumped higher on news that it will offer artificial intelligence (AI) language models through its cloud platform.
( 10
min )
A revolving account is a type of credit account that provides a borrower with a maximum credit limit and allows the to spend and re-spend up to it.
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A dilutive acquisition is a takeover transaction that may decrease the acquirer's earnings per share (EPS).
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U.S. equities took off on April 13, 2023, boosted by data showing that wholesale inflation unexpectedly declined in March.
( 10
min )
Learn the primary differences between hedge funds and private equity funds, both of which are used by high-net-worth investors.
( 15
min )
OPEC says China will spearhead a global increase in oil demand this summer, but refinery limitations and the U.S. economy make it difficult to assess an impact on gasoline prices.
( 13
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With an initial investment of $16,732, the top-paying high-yield savings account could net you approximately $72 in interest each month after just one year.
( 12
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Bank of America (BAC), weighed down by recessionary fears, a banking crisis, and a slowdown in lending, will likely say earnings growth stayed flat in Q1 2023.
( 11
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A qualified longevity annuity contract (QLAC) is a deferred annuity that is funded from a qualified retirement account, such as an IRA.
( 17
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Currencies trade on the foreign exchange market in which trading is always occurring somewhere around the world. Learn how a closing price is assessed.
( 12
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Our complete guide to rebalancing your portfolio will make sure that you maintain your strategy and maximize your returns.
( 36
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Learn about dividend payments and the S&P 500 index. Find out why the yield has trended lower over time due to changes in the economic environment.
( 18
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Before investing, discover 12 characteristics of financial statements that can help you evaluate companies and increase your chances of choosing a winner.
( 20
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Delta Air Lines (DAL) shares are losing altitude as the airline posted lower-than-anticipated profit and sales, although it gave a bullish outlook for the current quarter.
( 10
min )
The S&P 500 was introduced in 1957 and is a market index that tracks the value of 500 corporations listed on the New York Stock Exchange.
( 20
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Twitter users will be able to trade cryptocurrencies, stocks, and other assets via eToro, as Musk expands beyond social media for his "everything app."
( 11
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Lucid Group, Fisker, and Hyliion Holdings lead industry by revenue
( 15
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Rising interest rates boosted revenue and profit for Charles Schwab in the first quarter while raising expenses and battering its balance sheet at the same time.
( 13
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Rates on most mortgage types dropped by double digits, though some jumbo rate averages held steady.
( 12
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Wholesale inflation unexpectedly fell last month, posting the biggest decline in almost three years as energy prices tumbled.
( 10
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The Office of Foreign Assets Control is a U.S. Treasury agency that enforces sanctions imposed by the U.S. against nations and groups.
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Office vacancy rates across the U.S. rose to 16.9% at the end of the first quarter from 12.4% two years ago.
( 12
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A credit card balance transfer can be a way to pay off your credit card debt more quickly while also saving on interest. But there are some risks.
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A high-yield savings account can make your money go further. Find out the top benefits and how to choose an account that’s right for you.
( 11
min )
High mortgage rates and rising prices turn would-be homebuyers into renters.
( 10
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Expanding net interest margins likely boosted Q1 earnings at banking giant PNC, but the company's shares couldn't escape trouble as part of U.S. banking sector.
( 12
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Find out what types of insurance investors have against investment losses. Learn about the investment insurance against broker bankruptcy in this article.
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A short-term gain is a capital gain realized by the sale or exchange of a capital asset that has been held for exactly one year or less.
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Find out more about the Macaulay duration and the modified duration, how to calculate them, and the difference between them.
( 18
min )
Funds from operations, or FFO, refers to the figure used by real estate investment trusts to define the cash flow from their operations.
( 18
min )
The coefficient of determination is a measure used in statistical analysis to assess how well a model explains and predicts future outcomes.
( 18
min )
Bitcoin, the first and most popular cryptocurrency, is finite. What happens when it reaches its total maximum supply of 21 million bitcoins?
( 16
min )
The mega-rich have been buying up news purveyors in recent years, but is having big money in charge of the free press really anything new?
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Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.
( 17
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Het wordt nog dit jaar verboden voor kinderen jonger dan zestien jaar om te werken als flitsbezorger. De fietsbezorgers werken onder tijdsdruk en dat kan gevaarlijk zijn in het verkeer, zegt minister Karien van Gennip (Sociale Zaken).
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Het nieuwe bestuur van Stichting Hulptroepen Alliantie (SHA) gaat miljoenen terugvorderen die Sywert van der Lienden en zijn zakenpartners hebben verdiend aan de mondkapjesdeal. Het huidige bestuur gaat de oud-bestuurders binnenkort dagvaarden.
( 3
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Duitsland kijkt opnieuw naar het plan van de Chinese staatsrederij Cosco om deels eigenaar te worden van een containerterminal in de haven van Hamburg. De Duitse regering gaf in eerste instantie groen licht, maar heeft inmiddels twijfels over het plan.
( 3
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De aandeelhouders van het Spaanse bouwbedrijf Ferrovial vinden het prima als het bedrijf zijn hoofdkantoor naar Nederland verhuist. Donderdag stemde een meerderheid van de aandeelhouders voor de verhuisplannen, ondanks protesten van de regering in Madrid.
( 3
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Er zijn op dit moment 2.356.554 bedrijven in ons land. Een jaar geleden waren dat er nog 2.226.932. In totaal zijn er 129.622 bedrijven bijgekomen, waarvan het merendeel bestaat uit zzp'ers.
( 4
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Voormalig bestuursvoorzitter van ING Ralph Hamers en twee commissarissen hebben alsnog een berisping gekregen vanwege een omstreden beloningsvoorstel.
( 3
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Er zijn op dit moment 2.356.554 bedrijven in ons land. Een jaar geleden waren dat er nog 2.226.932. In totaal zijn er 129.622 bedrijven bijgekomen, waarvan het merendeel bestaat uit zzp'ers.
( 4
min )
Voormalig bestuursvoorzitter van ING Ralph Hamers en twee commissarissen hebben alsnog een berisping gekregen vanwege een omstreden beloningsvoorstel.
( 3
min )
De euro is donderdagochtend voor het eerst sinds april vorig jaar meer dan 1,10 dollar waard. De koers van de Amerikaanse munt daalde door relatief gunstige inflatiecijfers in de VS.
( 3
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De Autoriteit Persoonsgegevens (AP) heeft een boete van 150.000 euro opgelegd aan de Sociale Verzekeringsbank (SVB). De uitvoerende instantie van volksverzekeringen zoals de AOW controleerde volgens de AP de identiteit van bellers niet goed genoeg. Daardoor kon gevoelige informatie uitlekken.
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Om het spoor bij Voorschoten weer vrij te krijgen na het treinongeluk van vorige week, zijn kranen ingezet, zoals vaker gebeurt bij dit soort incidenten. Die kraan moet op locatie komen, opgesteld worden én bediend worden. De kraanmachinist die dat doet, maakt lange dagen en krijgt daar dan ook extra vergoedingen voor. Wat verdient hij eigenlijk?
( 3
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PostNL gaat kritischer kijken naar de manier waarop ze omgaan met klachten van bijvoorbeeld grensoverschrijdend gedrag. Het bedrijf doet dit nadat het College voor de Rechten van de Mens oordeelde dat PostNL een melding van seksuele intimidatie onzorgvuldig afhandelde.
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De overheid doet onvoldoende om omwonenden te beschermen tegen gevaarlijke stoffen die bedrijven uitstoten. Toezichthouders moeten veel meer onderzoek doen naar de gezondheidsrisico's en veel actiever ingrijpen, stelt de Onderzoeksraad voor Veiligheid (OVV). Daar hebben ze nu vaak niet voldoende kennis en personeel voor.
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De kans dat smartphones via openbare laadpunten gehackt worden is zeer klein, blijkt uit een rondgang van NU.nl. De Amerikaanse FBI waarschuwde eerder deze week dat hackers de laadpunten misbruiken om malware of spionagesoftware op telefoons te installeren. Nederlandse beveiligingsexperts zijn daar verbaasd over.
( 3
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De Nederlandse voetbalbond KNVB heeft bij de politie aangifte gedaan van een cyberinbraak op zijn ICT-netwerk van de Campus in Zeist. Daarbij zijn mogelijk persoonlijke gegevens van (oud-)KNVB-medewerkers in handen van cybercriminelen gekomen.
( 3
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De gascrisis in Europa is nog lang niet voorbij. Daarvoor waarschuwt topman Patrick Pouyanné van het Franse olie- en gasbedrijf TotalEnergies. Het aanbod van aardgas is volgens hem nog altijd krap.
( 3
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Energiebedrijf Vattenfall heeft een mogelijk datalek ontdekt in zijn systemen. De kans bestaat dat de gegevens van ongeveer 30.000 klanten zijn uitgelekt. Zij zijn per e-mail geïnformeerd.
( 3
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Flitsbezorger Gorillas blijft bestaan na de overname door branchegenoot Getir. De bedrijven zullen naast elkaar doorgaan en de apps van beide diensten kunnen door klanten worden gebruikt.
( 3
min )
Het leven voor Nederlandse huishoudens is in maart 4,4 procent duurder geworden dan een jaar eerder, zo meldt statistiekbureau CBS donderdag. Het inflatiecijfer is flink lager dan in februari. Toen gingen de prijzen nog met 8 procent omhoog.
( 3
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De kans dat smartphones via openbare laadpunten gehackt worden is zeer klein, blijkt uit een rondgang van NU.nl. De Amerikaanse FBI waarschuwde eerder deze week dat hackers de laadpunten misbruiken om malware of spionagesoftware op telefoons te installeren. Nederlandse beveiligingsexperts zijn daar verbaasd over.
( 3
min )
Het chiptekort dat afgelopen jaren zorgde voor lange wachttijden voor veel producten, lijkt over zijn hoogtepunt heen. Fabrikanten zien minder vraag bij klanten, auto's worden sneller geleverd en pc-makers plaatsen minder bestellingen. Ook marktkenners zien de tekorten afnemen. Maar nieuwe problemen zijn de komende jaren niet uitgesloten.
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(Bloomberg) -- Just three years ago, when OPEC+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target.Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XJPMorgan Calls Managing Directors to Office Five Days a WeekInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsThe
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In 2006, court papers say, bank employees noted that the financier was withdrawing $750,000 a year in cash.
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Add up the market valuation of Apple Inc. (NASDAQ: AAPL), all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on a modest farm in rural Pennsylvania. You would never guess the farm’s owner set in motion a $5 trillion force that grows each fortnight. Don’t Miss: This Startup Built the World's First AI Marketing Platfor
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A new study suggests that ChatGPT is very good at gauging news sentiment and predicting how stocks will react.
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Delta is expected to report a profit in the first quarter for the first time since 2019, with revenue and load factor fully recovering from COVID-19 pummeling.
( 12
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National CineMedia LLC has filed for bankruptcy, a voluntary move the major cinema advertising network revealed Tuesday. Its share price saw a spike amid the news.
( 38
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(Bloomberg) -- Dish Network Corp. fell to a 24-year low Wednesday after Barclays became the most recent Wall Street analyst firm to cut the stock’s target price in what has been a challenging year for the nation’s second-largest satellite TV provider.Most Read from BloombergUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XJPMorgan Calls Managing Directors to Offic
( 37
min )
China's Vice President Han Zheng told Intel Corp (NASDAQ: INTC) CEO on Wednesday to take root in China to help preserve the resilience of the global industrial supply chain. In a meeting in Beijing, Han told Intel CEO Patrick Paul Gelsinger that multinational companies need to "overcome difficulties and challenges" to promote better global cooperation, Reuters reports. The pandemic fueled geopolitical tensions between the U.S. and China by vandalizing the vulnerable global supply chain triggerin
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The Orlando-based company recently disclosed it could go out of business without additional financing.
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The former president, who is seeking more than $500 million in damages, says Mr. Cohen breached his professional obligations through is frequent podcasts, books and media appearances.
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min )
Many lower- and middle-income retirees are worse off today than they were in 2022, according to a new study.
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The luxury goods company posted strong results to start the fiscal year, coming off the tail of a record-setting year for revenue.
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Triton International (TRTN), the world’s largest owner of shipping containers, is soaring to an all-time high after the company agreed to be acquired and taken private by Brookfield Infrastructure Corp. (BIPC) for $4.7 billion.
( 10
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Morgan Stanley say that cloud beneficiaries apart from the big three will also include SAP, Snowflake, Cisco, and MongoDB.
( 23
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ASML, Applied Materials, Lam Research, and Teradyne are top chip equipment stocks heading into earnings season, TD Cowen says.
( 23
min )
JP Morgan has warned its investment bankers that they will be punished for failing to work in the office as it ordered its senior staff back to their desks five days a week.
( 38
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Don’t confuse the publicly traded Blackstone Mortgage Trust Inc. (NYSE: BXMT) with the non-publicly traded Blackstone Real Estate Income Trust Inc. (BREIT), the company’s mortgage REIT. Investors can sell their shares of the publicly traded real estate investment trust (REIT) anytime the market is open, but management sometimes tells you that you can’t get out of the non-publicly traded REIT. That’s the beauty of owning real estate investment trusts that trade on the New York Stock Exchange and
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The legendary stock picker’s bargain hunting in Japan has yielded impressive results during a wild period for markets.
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A record 258,885 battery-electric vehicles were sold in the U.S. in the first quarter of 2023. Elon Musk's company sold 161,630 of them.
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Santacruz Silver Mining is top for value and growth, and Dolly Varden Silver is top for momentum
( 16
min )
TF International Securities analyst Ming-Chi Kuo says Cirrus Logic is a primary casualty of a shift in the button design plans for the iPhone 15.
( 23
min )
urban-gro, Inc. (NASDAQ: UGRO) signed more than $40 million in contracts in 1Q23, bringing the total backlog to $123 million as of Mar. 31, 2023. Total backlog was approximately $93 million in contracts as of Dec. 31, 2022. The company received $2.4 million of cash during the quarter following a settlement with its former bank. UGRO reiterated its guidance; it expects 1Q23 revenue to be slightly below 4Q22 with an increased adjusted EBITDA loss due to the delayed kick-off of two design-build pro
( 37
min )
Sales of Bud Light have fallen since the Anheuser-Busch product implemented an ad campaign featuring transgender activist and social media influencer Dylan Mulvaney.
( 37
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Tencent Holdings Ltd (OTC: TCEHY) shares saw the most significant declines over two months amid speculation that its largest shareholder Prosus NV (OTC: PROSY) (OTC: PROSF) speeding up the selling of the Chinese gaming company's stock. Tencent's shares lost 5.2% to HK$357.2 in Hong Kong, the most since late January, after news that Prosus planned to deposit an additional 96 million shares into the city's stock clearing system, Bloomberg reports. Prosus' move, typically a precursor to selling sto
( 37
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American Airlines said Wednesday that first-quarter profit could be below Wall Street expectations as airlines face higher costs, sending the shares lower in morning trading. American said it expects to earn between a penny and 5 cents per share for the quarter that just ended.
( 37
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Investors said the Alibaba Group Holding Limited (NYSE: BABA) division's shares waiting for public listing would likely be in high demand as the breakup unlocks value in the wake of regulatory crackdown. In March, Alibaba shared plans to split its $220 billion empire into six business units. Interest in the units will likely draw high demand despite the slump in shares of Chinese tech firms like DiDi Global Inc (OTC: DIDIY) and Kuaishou Technology (OTC: KSHTY) (OTC: KUASF), given the timing and
( 37
min )
(Bloomberg) -- Warren Buffett called electric-car maker BYD Company Ltd. “extraordinary” and said chip manufacturer Taiwan Semiconductor Manufacturing Co. is a “fabulous enterprise.” That hasn’t stopped him from selling shares of both firms.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XUS Core Inflation Slows Only a Bit, Keeping Fed on Track to HikeInflation Data Will Shatter the Stock Market Calm, G
( 37
min )
In March, the average transaction price for a new car was below the sticker price for the first time in 20 months.
( 23
min )
With stocks and bonds down, should I use retirement assets, such as a Simplified Employee Pension Plan (SEP) IRA, Roth or annuity, to pay down credit card debt? My stocks are down 15% to 20%, and my annuity is the … Continue reading → The post Ask an Advisor: I Have $240K in Debt, and My Portfolio Is Down. Should I Tap My Retirement Accounts to Repay Credit Card Debt? appeared first on SmartAsset Blog.
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The $2,000 price level has long been a monumental resistance level for gold, with the precious metal struggling to breach it for more than a few days. With gold recently crossing this critical threshold once again, market watchers and experts in technical analysis are divided on whether it will continue to act as resistance or if the metal will finally break past it for the long haul. The outcome of this dilemma could have significant implications for investors and the broader financial markets.
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(Bloomberg) -- A key measure of US inflation showed hints of moderating in March, but likely not by enough to dissuade the Federal Reserve from raising interest rates again next month.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonUS Core CPI Jumps Again While Showing Some
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Market watchers are waiting for the day the Fed starts cutting rates, but those hoping such an act will signal the beginning of a bull market are in for a rude awakening. At least, that is the opinion of Jeremy Grantham. Across decades of investing, Grantham’s reputation has been built on predicating market meltdowns, and the legendary investor and GMO co-founder thinks the bear will only be halfway through its wrecking job once the Fed changes it inflation-combating strategy. “Most of the decli
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min )
Longtime ESG Advocate Has Amassed Too Much Power
( 38
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If you want to dip your toe into investing, it can be overwhelming. The terminology, risks and fees might make you want to just dump your funds in a savings account instead. But that would be a mistake – investing … Continue reading → The post Dollar-Cost Averaging vs. Lump Sum Investing appeared first on SmartAsset Blog.
( 39
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Using multiple bank accounts can be a good way to separate funds for different financial goals. However, if you forget about one of those accounts it could end up falling dormant. A dormant bank account is an account that registers … Continue reading → The post What Is a Dormant Bank Account? appeared first on SmartAsset Blog.
( 39
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Toronto-based assets manager and partners agree to acquire freight-equipment company in deal valued at more than $13 billion.
( 24
min )
American Airlines stock fell ahead of the open Wednesday as the carrier’s updated profit outlook fell short of expectations for the first quarter.
( 23
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(Bloomberg) -- National CineMedia filed for bankruptcy, the latest casualty of declining audiences at movie theaters that saw its business further imperiled when Cineworld Group Plc sought court protection last year. Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsTumbling
( 38
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Walmart Inc (NYSE: WMT) said it has decided to close four of its stores in Chicago. The retailer said the Chicago stores have not been profitable since the first store was opened nearly 17 years ago. The stores, collectively have been losing tens of millions of dollars a year, and the annual losses nearly doubled in just the last five years. The rest of the four Chicago stores, Walmart said, would continue to operate despite facing the same business difficulties. Also Read: Walmart Sees 65% Of S
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You can make almost the same salary in your first job whether or not you have a degree.
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March CPI inflation data is due this morning. Follow for live update's leading to the BLS' release of the report.
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The two industrial companies are close to a deal, according to a report, that would value National at roughly $60 a share.
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The middle class has long been considered the backbone of the American economy. But the American middle class is shrinking. The percentage of adults living in middle-income households in the United States fell by more than 10 percentage points over … Continue reading → The post What It Takes to Be Middle Class in America's Largest Cities – 2023 Study appeared first on SmartAsset Blog.
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(Bloomberg) -- Mat Ishbia, the billionaire who bought professional basketball’s Phoenix Suns in February, runs a mortgage company where former and current employees complain of racial disparities, sexual harassment and bullying by managers.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonInflation Data Will Shatter the Stock Market Calm, Goldman
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(Bloomberg) -- US 30-year fixed mortgage rates fell for a fifth-straight week to the lowest level in two months, shoring up demand to buy a home.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsTumbling Money Supply Alarms Economists Who Foresaw InflationThe contract rate dr
( 36
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(Bloomberg) -- The largest US banks are about to reveal how they fared as customer deposits came under siege in the first quarter.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsTumbling Money Supply Alarms Economists Who Foresaw InflationDeposits at JPMorgan Chase & Co., W
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(Bloomberg) -- Warren Buffett said Greg Abel, who was named his Berkshire Hathaway Inc. heir apparent in 2021, has already taken over most of his responsibilities at the conglomerate.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsTumbling Money Supply Alarms Economists Who
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China's economic reopening after destructive Covid-19 lockdowns last year could boost tech, consumer services, and property stocks.
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A key upgrade to the Ethereum blockchain network could spur action in cryptos. So too could inflation data and minutes from the latest Federal Reserve meeting.
( 23
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A report says Emerson Electric could acquire National Instruments for $60 a share, while Tesla shares slip ahead of the release from the Environmental Protection Agency of tighter tailpipe emission standards.
( 23
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(Bloomberg) -- Former Bank of Canada Governor David Dodge says interest rates are bound to stay higher for longer, despite market bets that the central bank will lower borrowing costs later this year. Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonInflation Data Will Shatter the Stock Market Calm, Goldman Partner WarnsTumbling Money Supply Ala
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Three former Outcome Health executives have been found guilty of running a billion-dollar scam.
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“You’re not going to have a wind aircraft take you across the ocean,” the investor said on Tuesday.
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(Bloomberg) -- Asian stocks gave up much of their gains as traders weigh the potential for US inflation data due Wednesday to spur volatility across global markets. Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTumbling Money Supply Alarms Economists Who Foresaw InflationRich Chinese Splashing Out on Luxury Have Yet to Invest Big in Singapore
( 39
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Elon Musk has said owning Twitter has been “extremely painful” in a surprise, late-night interview with the BBC.
( 39
min )
Cheap stock valuations and a potential rise in the yen are the bullish case for Japanese stocks. Bonds will have a tough time as the BoJ tightens.
( 23
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(Bloomberg) -- Tencent Holdings Ltd. tumbled by the most in seven weeks amid speculation its controlling shareholder Prosus NV may speed up selling shares in the Chinese internet giant.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTumbling Money Supply Alarms Economists Who Foresaw InflationRich Chinese Splashing Out on Luxury Have Yet to Inv
( 38
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(Bloomberg) -- Oil held near the highest close since January as traders tracked supply constraints and a US industry report pointed to another decline in crude holdings at the nation’s key storage hub.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTumbling Money Supply Alarms Economists Who Foresaw InflationInflation Data Will Shatter the Stoc
( 38
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American Airlines (AAL) provided outlook for the current quarter that came in below analyst forecasts, sending shares of airlines lower.
( 10
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Delta is expected to report a profit in the first quarter for the first time since 2019, with revenue and load factor fully recovering from COVID-19 pummeling.
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U.S. equities lost early gains and fell on April 12, 2023, as core inflation remained high and the Fed said that a recession is likely.
( 10
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Adverse credit history is credit history with negative information that results in a low credit score. Borrowers who have adverse credit are considered high risk.
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Inflation has eroded households’ pandemic savings stockpiles
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min )
Social media marketing (SMM) is the use of social media platforms to interact with customers to build brands, increase sales, and drive website traffic.
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Mortgage averages showed little movement, holding steady or adding just a basis point or two after a big jump the previous day. Rates on 30-year loans are at a three-week high.
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A chief executive officer (CEO) is the highest-ranking executive of a firm. CEOs act as the company's public face and make major corporate decisions.
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Vanguard and E*TRADE have created solid robo-advisor options for their customers. Vanguard comes out on top overall; however, it requires a high minimum deposit.
( 18
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Learn to distinguish between relative strength index (RSI), a momentum oscillator, and money flow index (MFI), often called the volume-weighted RSI.
( 12
min )
Learn who the top 10 billionaires in the world are and how they built their wealth.
( 28
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An obscure stock market measure signals bullish times may lie ahead, but how reliable it is and its meaning in today's market is up for debate.
( 12
min )
Renewables’ share of global electricity generation hit a record last year while fossil fuel emissions may have peaked, suggesting progress in the transition to clean energy.
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Unappropriated retained earnings refer to any portion of company earnings that are not assigned to a specific purpose.
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Calculating the percentage gain of an investment is quite easy. Here is what you need to know to determine the gain or loss.
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min )
Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.
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After a year of trying, even threatening a hostile takeover, Emerson beat other suitors to acquire National Instruments.
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Ring Energy, Trican Well Service, and Athabasca Oil lead their peers for best value, fastest growth, and most momentum, respectively.
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Triton International (TRTN), the world’s largest owner of shipping containers, is soaring to an all-time high after the company agreed to be acquired and taken private by Brookfield Infrastructure Corp. (BIPC) for $4.7 billion.
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Discover the advantages and pitfalls of hedge funds and the questions to ask when choosing one.
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There are no tax penalties if you cash out an inherited IRA to buy a home, but the funds are treated as income and subject to income tax.
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Santacruz Silver Mining is top for value and growth, and Dolly Varden Silver is top for momentum
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Warren Buffett said that the spate of bank failures may not be not over but depositors should not be concerned as their money will be protected.
( 12
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BlackRock is expected to show year-on-year declines when it releases its first quarter 2023 earnings on Friday, April 14.
( 12
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The average 30-year fixed mortgage rate fell to its lowest level in two months, and potential homebuyers are tentatively coming back to the market as a result.
( 10
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A cap is an interest rate limit on a variable rate credit product. Discover more about what that means here.
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A tax credit property is an apartment complex owned by a landlord who participates in the federal low-income housing tax credit program.
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When choosing between 15-year and 30-year mortgages, remember that longer terms usually mean smaller payments, but higher overall interest costs. Learn more.
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A non exempt employee is one who qualifies to earn at least minimum wage and receive overtime under the federal Fair Labor Standards Act (FLSA).
( 19
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Learn the impact a book value or the price-to-book (P/B) ratio on a business and if low book value is a good investment.
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A credit inquiry is a request by an institution for credit report information from a credit reporting agency. Learn why companies make credit inquiries.
( 17
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The Electronic Deposit Insurance Estimator (EDIE) is a tool from the Federal Deposit Insurance Corp. (FDIC) to calculate insurance coverage of deposit accounts at FDIC-insured banks.
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Inflation rose less than expected last month, adding to evidence that the Federal Reserve's rate hikes are finally having an impact.
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Established in 1999, the Depository Trust and Clearing Corporation (DTCC) is a holding company that consists of five clearing corporations and one depository.
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Women own at least a 50% stake in these 10 multimillion-dollar businesses, and women-owned companies make up about 20% of all employer-owned businesses.
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JPMorgan Chase (JPM), the largest U.S. bank by assets, is expected to report solid earnings growth on Friday, outperforming peer financial institutions through higher net interest margins.
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Americans are worried that higher prices will undercut their retirement planning, and Social Security won't be enough.
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Personal finance influencers teach people about money on social media. Learn which influencers kids are following to learn about personal finance.
( 17
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Reported but not settled losses have been reported to an insurance company but have not been settled by the end of the accounting period.
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Asielzoekers met een verblijfsvergunning, zogeheten statushouders, vonden de afgelopen jaren sneller een baan dan voorheen. Dat blijkt uit cijfers van statistiekbureau CBS. Van degenen die in 2019 een verblijfsvergunning kregen, had 20 procent na 2,5 jaar een baan. Bij de asielzoekers die in 2014 een vergunning hebben gekregen, bleef dat steken op 11 procent.
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De olieprijs is woensdag gestegen naar het hoogste niveau van dit jaar. Daarmee wordt de opmars van de afgelopen tijd doorgezet, na een flinke dip in maart.
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Als wereldwijd iedereen zou leven zoals wij in Nederland doen, dan hadden we zo'n drieënhalve aarde nodig. Ook zouden we de grondstoffen die de aarde in een jaar genereert op 12 april al hebben verbruikt. Op deze Nederlandse 'dag van de overbevraging' wordt duidelijk dat onze voetafdruk bovengemiddeld hoog is.
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Twitter heeft een week lang flink ruzie gemaakt met nieuwsbriefdienst Substack, maar inmiddels heeft het platform de strijdbijl tóch begraven. Substack haalde de woede van Twitter-directeur Elon Musk op de hals met de aankondiging van een functie die erg op de tijdlijn van Twitter leek. Het leidde onder meer tot verminderde zichtbaarheid van gedeelde Substack-linkjes op Twitter.
( 5
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Dat vrouwen vaker in deeltijd werken dan mannen, scheelt in eerste instantie salaris, maar op de lange termijn doet het meer pijn. Zo blijven carrièrekansen uit, ontstaat er een pensioenkloof en blijven vrouwen vaak financieel afhankelijk van hun partner.
( 5
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Vakantieparkketen Roompot mag Landal GreenParks overnemen na de verkoop van dertig vakantieparken aan concurrent Dormio Group. Dat heeft de Autoriteit Consument & Markt (ACM) woensdag bekendgemaakt.
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Zo'n 80 procent van het personeel van Twitter is ontslagen sinds miljardair Elon Musk het bedrijf in oktober vorig jaar overnam. De steenrijke ondernemer zegt in een interview met de BBC dat er nog maar vijftienhonderd mensen bij het platform werken. Dat waren er bijna achtduizend toen Musk begon.
( 3
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De Floriade van 2022 in Almere is de laatste geweest. De tuinbouw stopt met zijn wereldtuinbouwtentoonstelling, laat de Nederlandse Tuinbouwraad woensdag weten.
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Vrouwen werken gemiddeld vaker in deeltijd dan mannen, ook als ze dezelfde studie hebben afgerond. Op ons reactieplatform NUjij kwamen daar veel vragen over. Waarom kiezen bijvoorbeeld vrouwen die geen kinderen hebben ervoor parttime te werken? We vroegen die vrouwen hun ervaringen te delen. Hieronder een greep uit de reacties.
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Vakantieparkketen Roompot mag Landal GreenParks overnemen na de verkoop van dertig vakantieparken aan concurrent Dormio Group. Dat heeft de Autoriteit Consument & Markt (ACM) woensdag bekendgemaakt.
( 3
min )
PostNL heeft zich schuldig gemaakt aan seksuele intimidatie. Ook handelde het postbedrijf de meldingen hierover onzorgvuldig af. Dat heeft het College voor de Rechten van de Mens bepaald na een klacht van een medewerkster van PostNL.
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Vakantieparkketen Roompot mag Landal GreenParks overnemen na de verkoop van dertig vakantieparken aan concurrent Dormio Group. Dat heeft de Autoriteit Consument & Markt (ACM) woensdag bekendgemaakt.
( 3
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Als er na de financiële crisis in 2008 geen hervormingen waren doorgevoerd, zouden het faillissement van twee Amerikaanse banken en de val van Credit Suisse tot veel meer chaos hebben geleid. Dat denkt Klaas Knot, vooral bekend als president van De Nederlandsche Bank.
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Bij de verduurzaming van Nederland en de overstap naar groene energie moeten de lasten en lusten eerlijker worden verdeeld. Tot die conclusie komen experts die woensdag hun bevindingen presenteren aan klimaatminister Rob Jetten. Ook deelnemers aan een burgerberaad roepen op tot een solidaire energietransitie.
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De huurprijzen in de grote en middelgrote Nederlandse steden zijn in de eerste drie maanden van dit jaar gestegen. Toch daalde de gemiddelde huurprijs in de vrije huursector op landelijk niveau bijna twee procent, vergeleken met een jaar eerder.
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Voormalig eigenaar van de HEMA Marcel Boekhoorn doet een stap terug als hoogste baas bij zijn investeringsmaatschappij Ramphastos Investments. De huidige eigenaar van Ouwehands Dierenpark is nu 63 jaar. Boekhoorn vergaarde zijn fortuin onder andere met het oplappen en doorverkopen van telecombedrijf Telfort.
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Onze arbeidsmarkt is ingericht op parttime werkende vrouwen, meldde NU.nl woensdag. Het is opvallend dat niet alleen vrouwen met (jonge) kinderen in deeltijd werken. Omdat niet iedereen op ons reactieplatform NUjij die keuze begrijpt, lichten we het graag toe met hulp van deze vrouwen zelf.
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Vrouwen werken in de jaren na het behalen van hun mbo-, hbo- of universitaire diploma vaker in deeltijd dan mannen met dezelfde studie. Vrouwen met een voltijdbaan stappen ook vaker dan mannen over naar deeltijd, vooral als ze samenwonen. Na de komst van een kind wordt dat verschil nog groter. Dit meldt statistiekbureau CBS woensdag.
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Onze arbeidsmarkt is ingericht op parttime werkende vrouwen, meldde NU.nl woensdag. Het is opvallend dat niet alleen vrouwen met (jonge) kinderen in deeltijd werken. Omdat niet iedereen op ons reactieplatform NUjij die keuze begrijpt, lichten we het graag toe met hulp van deze vrouwen zelf.
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De Nederlandse export blijft toenemen. In februari is 5,8 procent meer uitgevoerd dan een jaar eerder. Er zijn vooral meer aardolieproducten, machines, apparaten en transportmiddelen geëxporteerd.
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(Bloomberg) -- The biggest US banks are planning to bolster reserves in a move tied to their unusual effort to shore up ailing lender First Republic Bank last month.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XTumbling Money Supply Alarms Economists Who Foresaw InflationRich Chinese Splashing Out on Luxury Have Yet to Invest Big in Singapore
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Gold miner Newmont (NEM) enhanced its offer to buy Australia's Newcrest in what would be the gold industry's largest ever acquisition.
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Warren Buffett called critics of stock buybacks "illiterate" in his annual shareholder letter. But now he's facing a new critic who is anything but: hedge funder Jeremy Grantham.
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As the three-ring circus of rising interest rates, inflation, and bank failures plays out, consider corporate spinoffs and separations.
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Retail investors have kept trading volumes in Bed Bath & Beyond stock robust as the company floods the market with hundreds of millions of shares even while warning about a potential bankruptcy.
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A note from bank strategist Jill Carey Hall says Bank of America clients sold roughly $2.3 billion in U.S. equities last week.
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These are the agriculture stocks with the best value, fastest growth and most momentum for April.
( 15
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Sanofi SA (NASDAQ: SNY) withdrew and refiled the Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act “following informal discussions with the staff of the” Federal Trade Commission (FTC) regarding the acquisition of Provention Bio Inc (NASDAQ: PRVB). Sanofi agreed to acquire Provention Bio at $25 per share in a deal valued at $2.9 billion. The agency, it added, needed more time to look at the deal and “information recently provided to them,” Sanofi said
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(Bloomberg) -- This week’s lull in the US stock market is likely to end with Wednesday’s consumer price index report, and Goldman Sachs Group Inc. partner John Flood has offered a set of guidelines for what investors may soon face.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XTumbling Money Supply Alarms Economists Who Foresaw InflationFedEx
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(Bloomberg) -- Federal Reserve officials sounded divergent notes about the central bank’s next policy move, with one of its top officials suggesting another rate increase may be needed to quell inflation and its newest policymaker signaling a pause may be in order.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTumbling Money Supply Alarms Economists Who Foresaw InflationTwitter Company ‘No Longer Exis
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A majority of U.S. parents have made financial sacrifices to help their adult children, but it could backfire.
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Here's where Charlotte's three largest financial institutions rank in retail banking customer satisfaction, according to J.D. Power's annual study.
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Elon Musk said he would prefer Warren Buffett to Janet Yellen as Treasury secretary, and described the job as "fund management at scale."
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The legacy auto maker took a stake in EnergyX, which is privately held.
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While markets have seen sound gains year-to-date, with the S&P up more than 7% and the NASDAQ an even better 15%, plenty of indicators are sending out contrary signals. Inflation remains high, but there’s doubt that the Fed could keep boosting interest rates without sparking another banking crisis, and there’s real worry that the combination of high inflation, high rates, and an unstable banking sector may bring about a recession in the near term. Watching current conditions, billionaire hedge m
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(Bloomberg) -- The resilience of US equities this year will be short-lived, with a worsening economic picture likely sending the market down in the coming months, according to Chris Harvey at Wells Fargo & Co.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XTumbling Money Supply Alarms Economists Who Foresaw InflationRich Chinese Splashing Out o
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min )
A federal jury convicted the former CEO and two other ex-executives of the once-highflying startup on charges that they defrauded customers and investors.
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It was easy to put things on the proverbial credit card during the free money era.
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Hess, Civitas Resources, and Permian Resources led sector performance over the past year.
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The biotech company is working on new drugs for Lyme disease and Covid-19 as it prepares to roll out six new products with “sizable markets.”
( 23
min )
(Bloomberg) -- Bank of America Corp. clients sold US equities of all sizes last week, pulling roughly $2.3 billion despite the relative quiet in the stock market.Most Read from BloombergKatie Cotton, Who Led Apple’s Media Strategy for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsFedEx Overhaul Contemplates a Future With No Drivers on PayrollApple’s 40% Plunge in PC Shipments Is Steepest Among Major Comput
( 37
min )
KeyBanc Capital Markets analyst John Vinh raised his price targets on Nvidia and AMD stock, and reaffirmed Overweight ratings. He sees growing demand for artificial-intelligence applications.
( 23
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The legacy brand brings on financial advisors to help it raise more money.
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(Bloomberg) -- Russia’s current-account surplus shrank last quarter by over $51 billion from a year earlier, as sanctions increasingly deprive the government of what’s been a critical source of hard currency since the invasion of Ukraine.Most Read from BloombergKatie Cotton, Who Led Apple’s Media Strategy for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsFedEx Overhaul Contemplates a Future With No Drivers
( 38
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The company delivered 130 jets overall in the first quarter, outpacing the 95 jets delivered in the year-ago quarter.
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Deciding which accounts you'll withdraw money from – and when you'll take it – is an important decision in retirement. However, you may want to consider preserving assets held in a taxable brokerage account and passing them down to heirs. … Continue reading → The post This Tax Loophole Can Save Your Heirs Big. Here's How T. Rowe Price Says to Use It appeared first on SmartAsset Blog.
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A policy in place for decades to let women retire as early as 50 and men at 60 is becoming untenable as a wave of retirees looms.
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(Bloomberg) -- This year’s rally in the shares of the biggest technology companies is the best thing going for bulls. It’s about to run into an earnings season that’s expected to deliver the biggest profit drop for the tech sector in more than a decade.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XTumbling Money Supply Alarms Economists Who F
( 40
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(Bloomberg) -- Shares of WW International, previously known as WeightWatchers, soared as much as 43% in premarket trading Tuesday after it gained a new Wall Street bull, following the closing of its acquisition of a telehealth provider that will help it access the growing market for new obesity drugs. Most Read from BloombergKatie Cotton, Who Led Apple’s Media Strategy for 18 Years, DiesUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest
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(Bloomberg) -- CarMax Inc. beat Wall Street’s earnings estimates as the auto retailer squeezed more profit from each vehicle, countering a sales drop and softening used-car prices.Most Read from BloombergKatie Cotton, Who Led Apple’s Media Strategy for 18 Years, DiesUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersFedEx Overhaul Contemplates a Future With No Drivers on PayrollChina May Not Need Western Techn
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min )
On Tuesday, Cineworld Group PLC (OTC: CNNWQ) (OTC: CNWGQ) said it had filed a reorganization plan in a Texas bankruptcy court to dissolve existing shareholdings effectively. The filing formalizes the cinema chain operator's April 3 deal that includes plans to cut debt by about $4.53 billion and raise $2.26 billion to emerge from bankruptcy, Reuters reports. The deal does not provide for any recovery for its existing shareholders, the group said. Also Read: Elliott Management Reportedly Eyes Purc
( 37
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The Nasdaq Stock Market intends to halt trading in shares of Virgin Orbit on April 13. It's the latest development in a string of bad news for the space start-up.
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min )
The windfall elimination provision (WEP) reduces Social Security benefits for certain employees who may be double-dipping on a pension.
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Want to learn how to retire with $5 million? Here are a few things you can do to stretch your nest egg over the course of your retirement.
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The first quarter of 2022 has been difficult for retirement savers and retirees alike, and according to investment firm Charles Schwab, it was one of the worst quarters for fixed-income in decades. However, the rising yields and changed Federal Reserve … Continue reading → The post Charles Schwab Says Now Is the Time to Add This Asset to Your Retirement Portfolio appeared first on SmartAsset Blog.
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Money can't buy you happiness, but what about working with a financial advisor?
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If you're looking for alternative ways, outside of the stock market and bonds, to create retirement income, an annuity could be right for you. Whether you're nearing retirement age or have decades to go, a $500,000 annuity can provide consistent, … Continue reading → The post How Much Does a $500K Annuity Pay Per Month? appeared first on SmartAsset Blog.
( 39
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The biotech company is working on new drugs for Lyme disease and Covid-19 as it prepares to roll out six new products with “sizable markets.”
( 23
min )
The largest digital asset regains levels not seen since last year's crypto crash accelerated into a brutal bear market. Bulls are back in charge.
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The projected decline will be the largest since the second quarter of 2020 when companies reported a 32% slump in earnings.
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The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows.
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Buffet has long been a fan of overseas investment and is looking to forge closer ties to Japan.
( 39
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CarMax reports fiscal fourth-quarter earnings of 44 cents a share from $5.7 billion in sales. Wall Street was looking for profit of 20 cents a share on sales of $6.1 billion.
( 23
min )
(Bloomberg) -- Russia’s plans to cut oil production are finally starting to look like reality, with the nation’s seaborne shipments collapsing last week.Most Read from BloombergUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsKatie Cotton, Who Led Apple’s Media Strategy for 18 Years, DiesApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersFedEx Overhaul Contemplates a Future With No Drivers on PayrollBond Market Is Overplaying the Risk of a Deep RecessionFlow
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The largest digital asset regains levels not seen since last year's crypto crash accelerated into a brutal bear market. Bulls are back in charge.
( 23
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Acquiring Newcrest would cement Newmont’s position as the world’s largest gold miner. A deal be the largest-ever merger in the gold mining industry.
( 23
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As the price of Bitcoin recaptures $30,000, MicroStrategy's bold investment in the largest cryptocurrency appears to be paying off.
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A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work.
( 25
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Private bankers from UBS and other international banks actively pushed AT1 securities to their wealthy clients for years.
( 24
min )
Coinbase and other cryptocurrency stocks rise after Bitcoin tops $30,000 for the first time in 10 months, Newmont raises its offer for Australia's Newcrest Mining, and Tilray reaches an agreement to acquire fellow cannabis company Hexo.
( 23
min )
The takeover would be the largest-ever M&A deal in the gold-mining industry if successful.
( 25
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The upcoming upgrade to the Ethereum blockchain will allow users to withdraw millions of “staked” Ether, the native cryptocurrency, for potential sale. That would typically indicate a flood of selling pressure awaits the token, but not everyone is buying that.
( 39
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The Russell 1000 index has risen 12% since October. The further it goes, the more likely it is that certain stocks will fail to keep pace.
( 23
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New data shows mortgage financiers lost an average $301 per home loan last year, the first time negative profits were recorded.
( 37
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(Bloomberg) -- Warren Buffett is looking to increase his exposure to Japanese stocks, according to an interview with Nikkei, saying he’s been proud of his holdings in the nation’s trading houses.Most Read from BloombergUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersFedEx Overhaul Contemplates a Future With No Drivers on PayrollBond Market Is Overplaying the Risk of a Deep RecessionChina May Not Need Wester
( 36
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(Bloomberg) -- Britain’s money-supply economists, who emerged from obscurity in the pandemic by correctly anticipating sky-high inflation before anyone else, are sounding the alarm again. Most Read from BloombergUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersFedEx Overhaul Contemplates a Future With No Drivers on PayrollBond Market Is Overplaying the Risk of a Deep RecessionChina May Not Need Western Techn
( 38
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Bitcoin surged above US$30,000 on Tuesday morning in Asia to the highest in about 11 months, leading a rally of all top 10 non-stablecoin cryptocurrencies.
( 38
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"Investors too optimistic on rate cuts and not pessimistic enough on recession," Bank of America's Michael Hartnett said.
( 39
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(Bloomberg) -- Katie Cotton, a longtime Apple Inc. communications chief who served as a steward for the company’s iconic brand during the Steve Jobs era and beyond, has died.Most Read from BloombergUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersBond Market Is Overplaying the Risk of a Deep RecessionFedEx Overhaul Contemplates a Future With No Drivers on PayrollSaudi Arabia’s Drive to Get Expats to Ditch Du
( 37
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A report by the International Data Corporation found that global shipments of personal computers fell 29% in Q1 of 2023 with Apple shipments falling by 40%.
( 38
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A depositary receipt is a negotiable certificate issued by a bank to represent a foreign company's publicly traded securities, allowing investors to hold equity shares.
( 16
min )
Gold miner Newmont (NEM) enhanced its offer to buy Australia's Newcrest in what would be the gold industry's largest ever acquisition.
( 11
min )
An analyst's upgrade and optimistic predictions boosted shares of WW International (WW), formerly known as Weight Watchers.
( 11
min )
Hedging with futures can protect buyers and sellers of commodities from adverse price movements.
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min )
U.S. equities traded in a tight range and ended mixed on April 11, 2023, ahead of inflation and earnings news later in the week.
( 11
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Many economists expect the U.S. economy to slump into a recession. Treasury Secretary Janet Yellen isn’t one of them.
( 11
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These are the agriculture stocks with the best value, fastest growth and most momentum for April.
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min )
The number of Millennial homeowners in New York increased by 90% over the last five years.
( 11
min )
The most recent rounds of tax reform have expanded the benefits of 529 college savings plans.
( 19
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An UTMA/UGMA 529 plan is a college savings account funded with money from a Uniform Transfers to Minors Act or Uniform Gifts to Minors Act account.
( 18
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Ethereum's Shanghai upgrade will enable the unstaking of ether for the first time, which has some market observers worried about a potential price decline.
( 12
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An adjustable-rate mortgage (ARM) is a home loan with a variable interest rate that’s tied to a specific benchmark.
( 21
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The IMF expects global GDP to rise 2.8% this year and 3% in 2024, down slightly from earlier estimates.
( 11
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Personal loan rates have climbed two weeks in a row, fully erasing the previous two weeks' decline. The rate average is now back to 20% after briefly touching 19%.
( 11
min )
Should you spend your 529 account down quickly in hopes of qualifying for more financial aid? It's possible, but the strategy can also backfire.
( 17
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Shares of CarMax (KMX), the biggest U.S. seller of used cars, jumped after the company posted better-than-expected quarterly profit as cost cuts helped offset slowing demand.
( 10
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The top rates on certificates of deposit (CDs) range from 4.75% to 5.50% APY. You could earn over $150 if you invested the average tax refund in a 1-year CD today.
( 11
min )
Make sure your beneficiary designations not only reflect your intentions but also meet the requirements to be effective.
( 15
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A down payment is your first upfront expense when buying a home.
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Smart money is the capital that is being invested or withdrawn from the market by knowledgeable financial professionals.
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Your 529 plan will cover the same qualified education expenses when you study abroad as it does in the United States.
( 16
min )
The Morningstar Sustainability Rating is a global standard for the assessment of mutual funds and ETFs' environmental, social, and corporate governance.
( 15
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Retail investors are investors who trade for themselves in small quantities. Institutional investors are entities that trade for others in large quantities.
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Read on to find out how 529 plans are eligible for use as a way to pay off a portion of your student loans.
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Your 529 plan withdrawals that aren't used for qualified education expenses can be subject to tax and a 10% penalty. Here's how to avoid that penalty.
( 18
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With just one week to go before the April 18 IRS filing deadline, changes to 2022 tax credits and deductions could result in lower refunds for some taxpayers.
( 11
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Hess, Civitas Resources, and Permian Resources led sector performance over the past year.
( 15
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Read this introduction to the Vanguard 529 College Savings Plan, including features, benefits, and comparisons with other plans.
( 18
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Credit Karma is a popular option for checking credit histories for free, and it doesn't hurt your credit score. Learn how Credit Karma works.
( 15
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Using a credit card for your spending needs can significantly simplify overseas travel, but be sure to take some steps to avoid unnecessary fees.
( 16
min )
Mortgage rates were up again for most loan types, with the 30-year average tacking on another increase for a three-day rise of a third of a point and the 15-year returning to 6% territory.
( 12
min )
An alternative investment is a financial asset that does not fall into one of the conventional investment categories.
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A publicly traded partnership (PTP) is a business organization owned by two or more co-owners that is regularly traded on an established securities market.
( 13
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The economic law of supply states that as the price of a good or service increases, the quantity of goods or services increases and vice versa.
( 19
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Vrouwen werken in de jaren na het behalen van hun mbo-, hbo- of universitaire diploma vaker in deeltijd dan mannen met dezelfde studie. Vrouwen met een voltijdbaan stappen ook vaker dan mannen over naar deeltijd, vooral als ze samenwonen. Na de komst van een kind wordt dat verschil nog groter. Dit meldt statistiekbureau CBS woensdag.
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Het Zwitserse parlement heeft een reddingspakket voor Credit Suisse goedgekeurd. Dat werd dinsdag besloten tijdens een verhit debat over de crisis bij de bank. Het gaat om een bedrag van 109 miljard Zwitserse franken (ruim 110 miljard euro).
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min )
De wereldwijde inflatie is waarschijnlijk veel hardnekkiger dan verwacht. Hoewel de prijzen de laatste tijd minder hard stijgen, ziet het ernaar uit dat het nog lang gaat duren voor de hoge inflatie echt is beteugeld. Dit verwacht het Internationaal Monetair Fonds (IMF).
( 3
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Het lage btw-tarief op veel producten en diensten staat onder druk, omdat het vaak niet de gewenste resultaten oplevert. De belastingkorting moet onder meer zorgen voor extra banen en lagere uitgaven voor armere mensen. Maar er zijn nu twijfels of die doelen worden gehaald én of het niet goedkoper kan.
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Het is een ongemakkelijke waarheid dat Nederlanders minder moeten vliegen, minder vlees moeten eten en minder kleding moeten kopen. Het is hoog tijd dat de overheid en het bedrijfsleven daar duidelijk over zijn, zegt Milieu Centraal-directeur Ika van de Pas in gesprek met NU.nl.
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Het 'recht op onbereikbaarheid' is in Nederland een utopie, meldde NU.nl maandag. Wettelijk gezien mogen werkgevers buiten werktijden om dingen van je vragen. Op ons reactieplatform NUjij vroegen sommige lezers zich af waarom het zo moeilijk is om dan nee te zeggen. En hoe doe je dat dan? Zo maak je van jouw vrije tijd écht jouw vrije tijd.
( 4
min )
Verzekeraars verzamelen steeds meer gegevens van klanten. Daarmee kunnen ze meer gaan variëren met de hoogte van hun premies. Als deze trend doorzet, kan dat voor een deel van consumenten heel nadelig uitpakken. Premies kunnen flink stijgen en een deel van de klanten wordt zelfs onverzekerbaar.
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We bellen steeds minder via de vaste telefoon en gebruiken ons mobieltje steeds minder om mee te sms'en. In vier jaar tijd is het aantal belminuten op de vaste lijn en het aantal verzonden sms-berichten gehalveerd.
( 3
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China heeft een wetsvoorstel gepubliceerd waarmee het land meer controle wil krijgen over de ontwikkeling van kunstmatige intelligentie (AI). Bedrijven moeten volgens de wet grondige veiligheidscontroles doorlopen voordat ze software met AI mogen uitbrengen.
( 3
min )
De FBI raadt iedereen af om een smartphone op te laden bij openbare oplaadpunten in winkelcentra, in hotels of op luchthavens. Kwaadwillenden kunnen die opladers misbruiken om malware of spionagesoftware op je telefoon te installeren.
( 3
min )
De Staat gaat in beroep tegen de uitspraak over de vermindering van het aantal vluchten op Schiphol. De rechter oordeelde begin april dat de overheid het aantal vliegbewegingen dit jaar niet mag beperken, omdat niet de juiste procedures zijn gevolgd.
( 3
min )
Bitcoin is voor het eerst sinds juni vorig jaar meer dan 30.000 dollar (ruim 27.500 euro) waard. De voorlopige piek was maandagavond, toen beleggers 30.193,25 dollar betaalden voor de grootste digitale munt ter wereld.
( 3
min )
Lunchten werknemers voor corona nog vier keer per week in de kantine of het bedrijfsrestaurant, sinds de pandemie is dat wel veranderd. Tegelijk moeten werkgevers soms bijpassen om de lunch voor personeel betaalbaar te houden.
( 6
min )
Centrale banken moeten zolang het nodig is de rentes verhogen om de inflatie te bestrijden. Ze moeten zich niet onnodig laten beïnvloeden door de onrust in de bankensector, die mede door oplopende rentes is ontstaan. Dat vindt bewindvoerder Paul Hilbers van het Internationaal Monetair Fonds (IMF).
( 4
min )
Utrecht blijft soepelere regels hanteren voor jongeren die bijstand ontvangen. In 2022 liet de gemeente extra eisen voor jongeren onder 27 jaar tijdelijk los. Nu zet Utrecht dat beleid voort.
( 4
min )
Lunchten werknemers voor corona nog vier keer per week in de kantine of het bedrijfsrestaurant, sinds de pandemie is dat wel veranderd. Tegelijk moeten werkgevers soms bijpassen om de lunch voor personeel betaalbaar te houden.
( 6
min )
Utrecht blijft soepelere regels hanteren voor jongeren die bijstand ontvangen. In 2022 liet de gemeente extra eisen voor jongeren onder 27 jaar tijdelijk los. Nu zet Utrecht dat beleid voort.
( 3
min )
Lunchten werknemers voor corona nog vier keer per week in de kantine of het bedrijfsrestaurant, sinds de pandemie is dat wel veranderd. Tegelijk moeten werkgevers soms bijpassen om de lunch voor personeel betaalbaar te houden.
( 6
min )
Lunchten werknemers voor corona nog vier keer per week in de kantine of bedrijfsrestaurant, sinds de pandemie is dat wel veranderd. Tegelijk moeten werkgevers soms bijpassen om de lunch voor personeel betaalbaar te houden.
( 5
min )
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Tupperware Brands (TUP) said it may be forced to cease operations if the company is unable to secure funding or amend its loan agreements.
( 11
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The two potential candidates in the 2024 election have criticized central bank digital currencies as tools for financial surveillance.
( 38
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(Bloomberg) -- Frank founder Charlie Javice, who is charged with defrauding JPMorgan Chase & Co. in its $175 million acquisition of her college finance site, asked to modify her bail terms so she can communicate with the bank about her mortgage.Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsFedEx Overhaul Contemplates a Future W
( 38
min )
In the aftermath of last month’s failure of Silicon Valley Bank and the resulting banking crisis, economists and market experts are now turning their attention to the bigger picture, and unfortunately, the outlook is bleak. Cathie Wood, founder and head of ARK Investment, has pointed out that the velocity of money is slowing, and the odds of a ‘hard landing’ are rising. In her view, we’re more likely to see the economy take sharp downturn in the near future, caused by a confluence of high intere
( 41
min )
(Bloomberg) -- Twitter Inc.’s former chief executive officer revealed the US Justice Department and the US Securities and Exchange Commission investigated the social-media platform in the past as part of his effort to force the company to cover legal fees related to lawsuits and government probes.Most Read from BloombergUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersFedEx Overhaul Contemplates a Future Wit
( 37
min )
(Bloomberg) -- Billionaires Tyler and Cameron Winklevoss dipped into their own pockets to support their crypto exchange Gemini Trust Co., which has faced numerous setbacks during the yearlong market downturn for digital assets. Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Of
( 37
min )
Exxon Mobil is reportedly in preliminary discussions to acquire Pioneer Natural Resources as part of the oil and natural gas producer’s Permian Basin strategy.
( 37
min )
(Bloomberg) -- Shale producers are surging Monday as traders bet they could be potential takeover targets for Big Oil companies looking to expand after Exxon Mobil Corp.’s reported interest in Pioneer Natural Resources Corp. Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off t
( 38
min )
(Bloomberg) -- Twitter Inc.’s former chief executive revealed that the US Justice Department looked into the social-media platform as he and other executives sought to force the company to cover their legal fees related to lawsuits and government investigations.Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsSaudi Arabia’s Drive
( 37
min )
The advisors join a slew of former colleagues who have left First Republic in recent weeks.
( 22
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With the Federal Reserve raising its benchmark interest rate month after month, rates on lending products have climbed as well. Certificates of deposit (CDs) are no different. The average rate on a six-month CD has ticked back up to just … Continue reading → The post Are CDs Back? Where Advisors Are Telling Clients to Stash Cash as Rates Rise appeared first on SmartAsset Blog.
( 38
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Shares of the GE-branded companies are moving Monday after Wall Street opined on General Electric and GE HealthCare Technologies stock.
( 23
min )
“A difficult choice has been made. I’ve moved from Asker, Norway, to Lugano in Switzerland,” Norway’s biggest taxpayer, and the largest shareholder of investment firm Aker ASA, Kjell Inge Røkke wrote to the rest of the board in an open letter last September.
( 40
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SBF and a team of top execs also “stifled dissent," "commingled and misused" funds, and "lied to third parties," a new debtor's report alleges.
( 39
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Three former board members have formed an affiliated ownership group, representing 36% of the company's shares.
( 15
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Shares of Pioneer Natural Resources (PXD) are jumping on a report ExxonMobil (XOM) has had preliminary discussions to purchase the shale fracker, in what could become the biggest acquisition for the oil giant in more than two decades.
( 10
min )
(Bloomberg) -- Hedge funds are reloading on bearish wagers on US equities, betting the latest market retreat will persist amid worsening economic data and corporate earnings. Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Loo
( 38
min )
The world's most important chip maker reported a 15% year-over-year decline in March revenue.
( 23
min )
Benzinga Biden's 2024 Ambition: President Announces Intent to Pursue Second Term On Monday, U.S. President Joe Biden said he plans to run for president in 2024 but was not prepared to announce it yet. "I plan on running ... but we're not prepared to announce it yet," Biden said in an interview with NBC's "Today" show before the White House Easter Egg Roll. According to a national Monmouth University poll, around half of Democrats prefer President Joe Biden not seek re-election in 2024 and allow
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These are the oil and gas stocks with the best value, fastest growth, and most momentum at the start of Q2 2023.
( 15
min )
Tesla's Good Friday price cuts have spooked investors, and shares of the electric-vehicle giant have dropped about 14% in the last week.
( 23
min )
With the April 18 tax deadline looming, Americans must choose between itemizing deductions or taking the standard deduction to reduce their tax obligations and pocket as much money as possible. Since the standard deduction was nearly doubled in 2018 as … Continue reading → The post Where Americans Write Off the Most in Taxes – 2023 Study appeared first on SmartAsset Blog.
( 39
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The move could involve the loss of $8 billion in credit-card balances for Capital One, but Wall Street seems unbothered.
( 23
min )
(Bloomberg) -- Money-losing operations, a business plagued with delays and a choppy economic environment forced Arrival SA to strike a second blank-check merger after roughly two years as a public company.Most Read from BloombergUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersFedEx Overhaul Contemplates a Future With No Drivers on PayrollBond Market Is Overplaying the Risk of a Deep RecessionChina May Not N
( 38
min )
Venture-capital investors used to seek out founders who were quitting their tech jobs to launch businesses. Now that mass layoffs are pushing many people down the entrepreneurial path, venture investors have grown stingier.
( 26
min )
The short-seller report that hammered Block shares doesn't represent the only headwind against the payments group, analysts said.
( 23
min )
(Bloomberg) -- Canadian oil producers beset by years of constrained pipeline capacity expect to garner better prices for their crude when the expanded Trans Mountain conduit starts up next year, opening them to new markets in Asia.Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartApple’s 40% Plunge in PC Shipments Is Steepest Among
( 38
min )
(Bloomberg) -- Lane MacDonald, who was recruited by the family office of the billionaire dynasty behind Fidelity Investments, has left parent firm FMR.Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartApple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer MakersTaking Crimea From Putin Has Become ‘Operation Unthinkable’
( 37
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Market indicators have been sending conflicting signals lately, creating uncertainty among investors. While year-to-date gains are certainly better than last year’s bear, and volatility, while a concern, has run lower than last year, plenty of risk factors still remain, both in the broader economy and in the stock market. Taking a wider view of the markets, Christian Mueller-Glissman, head of asset allocation research for Goldman Sachs, gives investors a nudge toward a more defensive posture. Ex
( 41
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(Bloomberg) -- Tupperware tumbled as much as 43% Monday, the most since November, after the company said it hired financial advisers “to help improve its capital structure and remediate its doubts regarding its ability to continue as a going concern.”Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsTaking Crimea From Putin Has Beco
( 37
min )
The industry is grappling with a pandemic-driven glut in inventory.
( 24
min )
Starwood Capital CEO Barry Sternlicht says rents tells us inflation is about to plummet.
( 37
min )
A soft March caps a first-quarter of 2023 with revenue right at the bottom of the world's largest chipmaker's previous forecast.
( 23
min )
In recent weeks, the bank has lost advisor teams that managed or advised on nearly $19 billion in assets.
( 23
min )
All the pieces are now in place for a recovery in the dynamic random access memory industry later in 2023, Citi analysts say.
( 23
min )
Foreign investment in property is common these days, both by Americans investing abroad and the other way around. If you are part of the former group, you may at some point find that you have to sell your foreign property. … Continue reading → The post How to Avoid Capital Gains Tax on Foreign Property appeared first on SmartAsset Blog.
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Putting away $4 million for retirement is a great accomplishment. However, you're likely wondering how much interest $4 million earns per year. Predicting how much interest your nest egg earns will help you decide if it's enough to support your … Continue reading → The post How Much Interest Does $4 Million Earn Per Year? appeared first on SmartAsset Blog.
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If $1 million was once the consensus target for retirement savings in the U.S., that appears to be changing. A recent Schwab Retirement Plan Services survey found that 401(k) plan participants across the country now believe they must save $1.9 … Continue reading → The post 401(k) Plan Participants Say They Need to Save This Much to Retire appeared first on SmartAsset Blog.
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Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here's how much you'd get per month if you … Continue reading → The post How Much Does a $50,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
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Dividends are the bread and butter of income investors. You don't need to sell your assets or spend hours every day managing your accounts. Instead, dividend stocks simply generate income on their own. Putting together a portfolio that generates at least … Continue reading → The post How to Make $1,000 a Month in Dividends appeared first on SmartAsset Blog.
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The notice follows a company filing last month that said some previous "financial statements should be restated and no longer relied upon."
( 23
min )
The company announced a lease agreement for a manufacturing facility in Oklahoma. It also updated plans to sell 34 million more common shares.
( 23
min )
Ed Wachenheim’s Greenhaven Associates sees upside for the auto makers even without their expansions into electric vehicles.
( 23
min )
Lagging inflation data masks what's going on currently in the housing market. A clearer picture is about to emerge.
( 23
min )
In recent weeks, the bank has lost advisor teams that managed or advised on nearly $19 billion in assets.
( 23
min )
When we create an endless spiral of elementary school practices at work, it becomes a game of checking boxes.
( 39
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Oracle Corp. (ORCL) has surged in 2023, jumping 17%. One chart tells the story: heavy demand for the shares.
( 37
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The new plant will strengthen the electric-vehicle company's operations in China, and CEO Elon Musk says the facility will supplement the output of its Megapack factory in California.
( 23
min )
(Bloomberg) -- Senator Elizabeth Warren of Massachusetts and Representative Alexandria Ocasio-Cortez of New York sent letters Sunday to 14 of the largest depositors with Silicon Valley Bank that raised concerns over the failed bank’s relationship with some of the venture capitalists and tech founders who made up much of its customer base. Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionUS Navy Challenges Beijing in South China Sea Amid Taiwan DrillsSaudi Arabia’s D
( 37
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Welp, in case you missed it TechCrunch Disrupt 2023 will have a whole new look this fall with one aim in mind: bring together investors, founders and technologists who have specific industry interests — all under one roof at the Moscone Center in San Francisco. Meanwhile, in recent (as in days old) history, the New York International Auto Show came and went. The vehicle reveals, news and crowds weren't particularly splashy.
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Warner Bros., Disney and even Netflix are trying to make their content spending go further.
( 24
min )
Big bank earnings could set the tone for the first quarter, Tesla to open a battery plant in Shanghai, and other news to start your day.
( 23
min )
(Bloomberg) -- The line starts forming outside the central bank in downtown La Paz in the dead of the night. Hunkered down under blankets and sipping hot chocolate to fend off the chill at 12,000 feet up in the Andes, they wait for hours and hours for a chance to get their hands on what has perhaps become the hardest thing to find in all of Bolivia: dollars.Most Read from BloombergBond Market Is Overplaying the Risk of a Deep RecessionSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a
( 40
min )
A soft March caps a first-quarter of 2023 with revenue right at the bottom of the world's largest chipmaker's previous forecast.
( 23
min )
Bearish positioning and less exposure to the large technology stocks hurt active fund managers.
( 24
min )
A report says Exxon Mobil has held preliminary talks with Pioneer Natural Resources about a possible acquisition of the shale driller, First Republic will suspend dividend payments on its preferred stock, and Tesla plans to build a new factory in Shanghai to boost production of its Megapack batteries.
( 23
min )
Honda recalled more than 560,000 older CR-Vs for possible corrosion issues; Volkswagen said 143,000 Atlas SUVs could have deactivated air bags.
( 39
min )
(Bloomberg) -- Korean stocks tied to the electric-vehicles’ battery space extended this year’s frenzied rally on Monday, with market watchers citing a slew of positive developments in the sector while cautioning that gains look overdone.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Tesla New Battery Plant Cements China’s
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Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets and often exacerbate price moves.
( 38
min )
(Bloomberg) -- Turkey’s current-account balance stayed deep in the red in February, a key vulnerability for the economy as President Recep Tayyip Erdogan’s government tries to keep the lira and inflation in check ahead of elections next month.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartTaking Crimea From Putin Has Become ‘Operation Unthinkable’A $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesBond Market Is Overplaying the Ri
( 37
min )
A GameStop director made the first insider stock purchase this year, while the CEOs of retailer Kohl’s and avocado grower Calavo scooped up shares.
( 23
min )
(Bloomberg) -- Chinese shares related to artificial intelligence tumbled after a state media outlet urged authorities to step up supervision of potential speculation. Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Tesla New Battery Plant Cements China’s Place in Energy StorageBond Market Is Overplaying the Risk of a Deep
( 36
min )
(Bloomberg) -- Apple Inc.’s personal computer shipments declined by 40.5% in the first quarter, marking a tough start to the year for PC makers still grappling with a glut of unsold inventory.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Tesla New Battery Plant Cements China’s Place in Energy StorageBond Market Is Overpl
( 38
min )
The U.S. stock market resumes its normal trading hours on Monday, while many international markets remain closed.
( 23
min )
(Bloomberg) -- Some smaller Chinese lenders cut interest rates for time deposits over the weekend, following a similar move by their larger rivals last year, after several lending rate reductions by policy makers started to squeeze their margins. Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Tesla New Battery Plant Cemen
( 37
min )
(Bloomberg) -- One oil exchange-traded fund saw its largest one-day outflow in more than three years, a possible sign that some investors remain concerned about the outlook after OPEC+ delivered an unexpected supply cut.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Tesla New Battery Plant Cements China’s Place in Energy
( 37
min )
Bitcoin resumed its rise above US$28,000 in Monday morning trading in Asia, a support level it has fluctuated around for most of April.
( 38
min )
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. has started sounding out investors about the sale of yen bonds, having already established itself in recent years as one of the biggest foreign issuers of debt in the Japanese currency.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Tesla New Battery Plant Cements Chi
( 37
min )
(Bloomberg) -- Major currencies held to narrow ranges and US equity futures made small gains in cautious trading Monday as the Asian trading session got underway.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Walmart Sues Capital One to End Its Credit-Card PartnershipPopular Emerging Market FX Trade Back With Global Rates
( 38
min )
(Bloomberg) -- Speculators timed it just about perfectly before Friday’s strong US payrolls data, adding the most to their bets against benchmark Treasuries in just over a year. Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Walmart Sues Capital One to End Its Credit-Card PartnershipPopular Emerging Market FX Trade Back W
( 36
min )
BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?
( 39
min )
The current market conditions are characterized by uncertainty, requiring investors to be mindful of the various cross-currents that can impact stocks and other trading instruments. The recent banking crisis sparked by SVB’s failure has contributed to a climate of uncertainty, with persistently high inflation and interest rates. Additionally, a cooling job market could be an indication of a slowing economy. What’s needed here is a clear sign market players can use to sort out the sound investmen
( 41
min )
(Bloomberg) -- A top solar material producer is planning its first factory outside China, but may pass on the US because of high costs, according to the company’s chief executive officer. Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Walmart Sues Capital One to End Its Credit-Card PartnershipPopular Emerging Market FX Tr
( 38
min )
Tesla Inc. is working on constructing a new Megapack factory in Shanghai, China to supplrment the output of the company's company's Lathrop, California Megafactory, Elon Musk said.
( 37
min )
(Bloomberg) -- This year’s 20% rally in US technology stocks is decoupling from reality ahead of what’s predicted to be a gloomy reporting season, the latest MLIV Pulse survey shows.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Walmart Sues Capital One to End Its Credit-Card PartnershipPopular Emerging Market FX Trade Ba
( 39
min )
A lost or stolen credit card should not hurt your credit score. But reporting it immediately and taking the right steps is key to staying in financial health.
( 16
min )
Tupperware Brands (TUP) said it may be forced to cease operations if the company is unable to secure funding or amend its loan agreements.
( 10
min )
The Fed's latest Survey of Consumer Expectations showed that respondents forecast inflation ticking higher and credit tightening over the coming year.
( 10
min )
U.S. equities finished mixed on April 10, 2023, ahead of key reports on inflation and the start of the first quarter earnings season.
( 11
min )
Homes bought with small down payments in past year are most likely to be worth less than the debt on them
( 11
min )
A cash account allows you to buy or sell securities with the cash you hold in your account while a margin account allows you to leverage the cash in your account.
( 18
min )
"Hubris, incompetence, and greed" at FTX Group, the failed cryptocurrency exchange led by Sam Bankman-Fried, helped set the stage for its historic collapse.
( 11
min )
The best rates on a certificate of deposit (CD) today range from 4.68% to 5.50% APY, depending on the term. Investing $2,500 in a 1-year CD right now could earn you over $130.
( 11
min )
Investopedia is launching a new, free monthly newsletter for educators to help connect personal finance and investing lessons to real-world news and events for high school students.
( 10
min )
This week’s cryptocurrencies to keep an eye on are Injective (INJ), Curve DAO Token (CRV), THORChain (RUNE), Enjin Coin (ENJ), and Chiliz (CHZ).
( 13
min )
Paying taxes is an unavoidable obligation each year, but individuals and business owners can take advantage of various strategies for tax savings.
( 18
min )
Shares of Pioneer Natural Resources (PXD) are jumping on a report ExxonMobil (XOM) has had preliminary discussions to purchase the shale fracker, in what could become the biggest acquisition for the oil giant in more than two decades.
( 10
min )
Tesla will produce 10,000 megapack batteries per year at the new plant as demand for energy storage grows
( 11
min )
The Environmental Protection Agency (EPA) is said to be preparing its toughest emissions rules for new cars and light trucks.
( 11
min )
Explicit costs are normal business expenses that appear in the general ledger and directly affect a company’s profitability.
( 15
min )
Shrinkage is the loss of inventory that can be attributed to factors like employee theft, shoplifting, vendor fraud, or cashier errors.
( 14
min )
A cumulative translation adjustment in a translated balance sheet summarizes the gains and losses from varying exchange rates.
( 14
min )
The lower of cost or market (LCM) method is a way to record the value of inventory that places an emphasis on not overstating the value of the assets.
( 14
min )
As the Federal Reserve raised its benchmark interest rate, banks have been slow to offer higher deposit rates—and are getting slower.
( 11
min )
These are the oil and gas stocks with the best value, fastest growth, and most momentum at the start of Q2 2023.
( 14
min )
Rates on 30-year loans average spiked more than two-tenths of a point, raising the average back up after touching a two-month low mid-week. Every mortgage average except a few jumbo products saw a double-digit rate increase.
( 12
min )
If you’re working and taking RMDs, your taxable income may start to bulge. Find out how to keep it—and your tax bill—under control.
( 21
min )
Closing costs are the expenses that buyers and sellers incur to finalize a real estate transaction.
( 16
min )
Bailment describes the transfer of property from a bailor, who temporarily relinquishes possession but not ownership of the property, to a bailee.
( 16
min )
QuickBooks and Quicken are two of the most widely used financial management tools. For business financial management specifically, QuickBooks is the best option.
( 15
min )
Professor Alan Blinder of Princeton University, and former Vice Chair of the Federal Reserve, joins the show to talk about what the Fed missed, which era in history this most clearly resembles, why this recession may be unlike any other, and why rumors of the dollar's demise have been greatly exaggerated. Plus, the ultra-rare Zweig Breadth Thrust indicator just triggered, which historically means very good things for stocks.
( 12
min )
401(k)s store a lot of money and are rarely monitored, making them ideal targets for hackers.
( 17
min )
Writing a homebuyer’s letter to a seller may help you compete in a bidding war or with all-cash buyers.
( 17
min )
If you’re buying a home and plan on using an agent, make sure you understand all of the fees and commissions involved so you're not paying too much.
( 17
min )
Hyperinflation describes rapid and out-of-control price increases in an economy. In this article, we explore the causes and impact of hyperinflation.
( 19
min )
The available balance in a checking or on-demand account is the amount that is immediately accessible to the account holder. Learn more about banking terms.
( 16
min )
Online banking allows a user to conduct financial transactions via the Internet. Online banking is also known as Internet banking or web banking.
( 15
min )
"Boil the ocean" is a phrase that means to undertake an impossible project or to make a project impossible by overcomplicating it.
( 13
min )
Find out how consumer disclosures and credit reports are different, even though they contain similar information. Learn how each document is used.
( 13
min )
Banks make more money as interest rates rise due to the higher yields that they earn by investing their depositors' money.
( 15
min )
Het Chinese ByteDance zette vorig jaar een winst van 25 miljard dollar (zo'n 23 miljard euro) in de boeken, flink hoger dan de 14 miljard dollar van een jaar eerder. Dat meldt de Britse zakenkrant Financial Times op basis van twee investeerders. Het bedrijf publiceert zijn jaarcijfers niet.
( 4
min )
Op deze grauwe Tweede Paasdag zoeken we weer traditiegetrouw de woon- en tuinwinkels op. Langzaamaan begint het overal drukker te worden. Het zwaartepunt wordt later vanmiddag verwacht.
( 4
min )
Twitter heeft de BBC aangemerkt als een door de overheid gefinancierde mediaorganisatie en daar is de Britse omroep niet blij mee. De BBC benadrukt dat de omroep altijd onafhankelijk is geweest en door het publiek wordt gefinancierd.
( 4
min )
Fabrikant Tesla gaat in de Chinese stad Shanghai een fabriek bouwen. Daar worden straks geen auto's gemaakt, maar grote opslagsystemen voor energie: Megapacks.
( 3
min )
Af en toe duikt het 'recht op onbereikbaarheid' op als een van de arbeidsvoorwaarden in een cao-akkoord. Al een paar jaar ligt er een wetsvoorstel in Den Haag. Maar een écht wettelijk recht op onbereikbaarheid, zoals dat in Frankrijk bestaat, maakt hier geen kans.
( 5
min )
Average annual growth rate (AAGR) is the average increase in the value of an investment, portfolio, asset, or cash stream over a period of time.
( 16
min )
A thrift savings plan (TSP) is a retirement investment program open only to federal employees and members of the uniformed services.
( 20
min )
The Associate in Information Technology (AIT) designation is geared toward educating insurance professionals about the IT environment.
( 12
min )
If you're traveling to Europe, make sure you have a widely accepted credit card that uses chip technology, and know your pin in advance. Bring cash, too.
( 16
min )
(Bloomberg) -- Most global central banks may be either close to a peak or already done with interest-rate hiking, auguring a hiatus before possible monetary loosening comes into view.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Walmart Sues Capital One to End Its Credit-Card PartnershipPopular Emerging Market FX Trade B
( 54
min )
(Bloomberg) -- Oil edged higher at the week’s open as traders assessed challenges to supply in the wake of the unexpected output cut by OPEC+.Most Read from BloombergSaudi Arabia’s Drive to Get Expats to Ditch Dubai Is Off to a Rocky StartA $1.5 Trillion Wall of Debt Is Looming for US Commercial PropertiesTaking Crimea From Putin Has Become ‘Operation Unthinkable’Walmart Sues Capital One to End Its Credit-Card PartnershipPopular Emerging Market FX Trade Back With Global Rates PeakingWest Texas I
( 37
min )
(Bloomberg) -- There will be plenty of fresh data for the oil market to digest as the Organization of Petroleum Exporting Countries and the International Energy Agency both release their monthly market reports later this week, a few days after the US Energy Information Administration releases its Short-Term Energy Outlook. Meanwhile, gold traders will be watching as the precious metal takes aim at its August 2020 high of $2,075.47 an ounce. Here are five notable charts to keep an eye on in globa
( 39
min )
Tesla is facing a class-action lawsuit over alleged privacy violations by company employees who shared images and videos of owners from car cameras on company messaging platforms.
( 38
min )
First-quarter earnings season begins with results from Delta, Fastenal, Citigroup, JPMorgan Chase, Wells Fargo, UnitedHealth, and more. Plus, March CPI and PPI.
( 23
min )
What are the hundreds of billions of oil riches being spent on?
( 44
min )
Bank earnings, inflation data and a key meeting of the IMF and World Bank top a busy week for investors following the Easter holiday.
( 37
min )
CoinFLEX co-founder Mark Lamb tweeted a bizarre letter to his alleged debtors and a candidate for U.S. president 2024 spread serious misinformation.
( 37
min )
Investors looked on the bright side in the first quarter, pushing the average fund to a healthy gain.
( 26
min )
Britain's next-generation warships are being partly made in Poland, despite a promise by ministers that the project would drive a renaissance in UK shipbuilding.
( 37
min )
The traditional use of options is to transfer or reduce risk, rather than to take risks to amplify returns. That’s worth remembering now.
( 25
min )
In an uncertain time like this, investors need a clear signpost on their stock choices, something that will give a definite indication of quality. The sheer volume of market data, a veritable flood even in calm market conditions, rises to a deafening cacophony when volatility spikes. A reliable guide is necessary. And that brings us to the corporate insiders. These are company officers, CEOs, executive VPs, CFOs… the officers who hold high positions and have a responsibility to shareholders and
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